How to do I find out what a Treasury Bill account really should be paying?

Question

I have a (T-Bill) Treasury Bill account set up with my local bank. It's set up like a savings account. I looked at today and it's only paying 1.03% right now. , but this seems to be really a low % rate compared to the 5% it was doing less than a year ago. Does anyone know where I can go to see the actual rate that this type of account should be paying? I feel like the bank is s******g me around and not allowing me to make the money that I should be making. They do charge a 1/4 %, but this still seems to a lot lower than it should be paying.

Answer 1

Go to this link to see what recent t-bill auctions have yielded.

http://www.treasurydirect.gov/RI/OFBills

about 1.8% less 0.25 should yield about 1.5%