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*The annualized yield for a Treasury Bill (“T-Bill”) maturing in one month as of 07/01/25 when held to maturity is 4.38%. Rate shown is gross of fees. Annual percentage yield (APY) is the nominal interest rate of the T-Bill maturing in one month with 12 compounding periods per year. Annualized yield and APY are investment characteristics of the T-bill and should not be regarded as performance or a projection of performance of any Treasury account. The effective return on T-Bills will be reduced by fees which has a compounding impact on returns over time.