April 2024 Market Wrap-up Report
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April 2024 Market Wrap-up Report

There was a notable decrease in Treasury Bills yields in April. Treasury Bills are often considered a benchmark for short-term interest rates and the decline may serve as a signal that interest rates are on a downward trajectory. A decrease in T-Bill yields will likely lead to lower returns for money market funds, which typically invest in low-risk, short-term securities like Treasury Bills.