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September 01, 2020 10:18am
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Market Vectors: Treasury FRNs: A Cash Management Alternative, but Will They Meet Yield Appetite

This year’s introduction of the U.S. Treasury’s floating rate notes (FRNs), which may help investors limit interest rate risk without credit risk, are currently yielding, on average, approximately 0.10%, as of April 23, 20141. For investors seeking the low interest rate sensitivity found with FRNs,...
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