T-Bill Maturities and How Yields Are Quoted
The T-bill maturities Treasury actually auctions, and why a nine-month bill yield has to be interpolated from the two published points on either side of it.
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The T-bill maturities Treasury actually auctions, and why a nine-month bill yield has to be interpolated from the two published points on either side of it.
Mutual fund settlement runs on a different clock than fund pricing. Walk a sale through both clocks, day by day, and see when the cash is really yours.