Q: Hi
In your answer to Jeff, you stated "CASH pays a 4.51% yield while MNY pays a 4.83% yield."
I couldn't find those yields anywhere. I see gross yields of 3.72% and 4.38% on their websites, respectively.
Where is your source?
Thanks,
Robert
In your answer to Jeff, you stated "CASH pays a 4.51% yield while MNY pays a 4.83% yield."
I couldn't find those yields anywhere. I see gross yields of 3.72% and 4.38% on their websites, respectively.
Where is your source?
Thanks,
Robert
5i Research Answer:
We used 12-month yield here. Bloomberg Professional quotes 'indicated yields' and these do change and can be different than other sources. In this case we should have used or at least referenced indicated yields, which today are 3.85% for MNY and 3.72% for CASH.