1 Year T Bill Closed at 3.58%

 

For those expecting interest rates to fall this year, it may not happen.

1 Year T Bill closed at 3.58%. This is higher than the 3.45% that was launched in Jan.

Interestingly, the average yield at 3.28% was higher than the 3.13% in January.

Looking at this, there is a possibility that interest rates would continue to remain elevated for the near term.