The current three month T-bill rate is 0.05. This rate is lower compared to the rates over the past three months, indicating a decrease in short-term interest rates.
short answer: the interest is paid to folks who buy treasurey bills and gvmt bonds. in theory some is going to social security fund, but that's just paying interest to ourselves, so it's funny money. probably a google search of tbill and gvmt bond buyers will show the folks we send dollars to. Saudi Arabia (our friend and ally), and China. The US will be in trouble if they don't roll them over and want cash.
You can use Beta to measure market volatility because of beta is the elasticity of a stock change as a result of a change in the market. That is, Beta of a sotck is found by comparing the senstivity of a stock's return to the fluctuations in the market.Beta is found by dividing the product of the covwariances of the stock and market retun by the variance of the market.The bench marks of betas are as followed:a risk free investment such as a Tbill (that is guaranteed a return) will have a beta of 0.A portfolio with risk equivalent to the market has a beta of 1.Given those two bench mark, you can gauge at the volatility of the stock/investment by comparing its beta with those two extremes.