Updated October 23, 2026. Market yields are based on October 22, 2026 data unless otherwise indicated. Rates change daily and are not forecasts or guarantees.
Picture a Canadian investor with USD 25,000 sitting in an RRSP, waiting for an attractive opportunity to buy U.S. equities. The cash earns little or nothing meanwhile. Could a three- or six-month U.S. Treasury bill put that money to work?
On October 22, 2026, the U.S. Treasury reported a 13-week bill yielding 4.14% and a 26-week bill yielding 4.31%, using its investment-yield measure.
On USD 25,000, those rates would generate approximately USD 257 over 91 days or USD 530 over 182 days, assuming a purchase at the quoted yield and a hold to maturity.
That is meaningful income from a short-term government security.
But Canadians face questions that American investors do not.
Continue reading