Treasury Auctions, Cash and CD Rates

Upcoming U.S. Treasury Auctions and Our Favorite Money Market Funds and CDs.

U.S. Treasury has the following schedule of upcoming auctions. Investors can purchase treasuries at no cost using the TreasuryDirect.gov website or at most major brokerages including Vanguard, Fidelity, and Schwab.

BILLS

NOTES

BONDS

Treasury Inflation-Protected Securities (TIPS)

Floating Rate Notes (FRNs)

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MONEY MARKET & CD RATES

Below are some of the most attractive money market yields and CD rates available nationwide, sorted by maturities from three months to five years. You can click here to check if a bank is FDIC-insured. In addition, you can click on the institution name in the list below to go directly to the bank’s website for more information regarding CD purchase minimums, etc. We always recommend individual CD purchases be limited to within the $250,000 FDIC insurance limit.

Money Market Funds:

• Vanguard Federal Money Market Fund 5.28%

• Vanguard Municipal Money Market Fund 3.34% (tax-exempt)

• Fidelity Money Market Fund 5.04%

• Schwab Value Advantage Money Fund 5.20%

CDs

3-months:

• TotalDirectBank 5.51%

• Home Loan Investment Bank 5.50%

• iGoBanking 5.00%

6-months:

• TotalDirectBank 5.50%

• BMO Alto 5.50%

• Northern Bank Direct 5.50% (9-months)

12-months:

• Salem Five Direct 5.55%

• NexBank 5.50%

• TotalDirectBank 5.50%

18-months:

• First Internet Bank 5.07%

• Popular Bank 5.06%

• Sallie Mae Bank 5.00% 15-month and 4.90% 18-month

2-years:

• First Internet Bank 4.85%

• First National Bank of America 4.80%

• NexBank 4.80%

3-years:

• DollarSavingsDirect 5.00%

• First Internet Bank 4.75%

• First National Bank of America 4.65%

4-years:

• BMO Alto 4.60%

• First National Bank of America 4.55%

• First Internet Bank 4.54%

5-years:

• BMO Alto 4.60%

• First Internet Bank 4.59%

• First National Bank of America 4.55%

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Reminder: The next Federal Open Market Committee (FOMC) meeting is scheduled for March 19th and 20th, and the meeting will include an updated Summary of Economic Projections (SEP) from FOMC members. We do not expect any change in the federal funds rate at the March FOMC meeting.

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MUNICIPAL BOND AUCTIONS

Below is a list of the largest municipal bond offerings scheduled this week:

Source: EMMA

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In case you missed it, here is our February 2024 Model Portfolio Update. Thank you for reading BrinkerAdvisor.com.