Menu

Home › Forums › Financial Markets/Economics › Money markets at Schwab now above 4%, tax-free muni now above 3% › Reply To: Money markets at Schwab now above 4%, tax-free muni now above 3%

March 10, 2023 at 11:00 AM #902013
plm
Participant

With all the news about banks going under due to rising rates, Is SWVXX safe? Not sure how rising rates will affect SWVXX.

CDs aren’t that safe any more it seems with the news on Silicon Valley Bank and Silvergate. At least I think FDIC will cover up to 250K but I doubt there is any insurance for Mutual Funds since its not a bank deposit.

I’ve got SWVXX and TBills. Would it be safer to go all TBills although it would be less liquid?