Your brokerage is paying more for your idle cash. These firms are boosting rates, BofA says
[ad_1] Select brokerage firms are boosting the rates they pay on idle cash just sitting in retail investors’ accounts. Since the Federal Reserve embarked on its policy-tightening campaign more than a year ago, yields on a range of otherwise boring investments have climbed, including short-term Treasury bills. This has spurred banks to boost rates on … Read more