I was looking at the interest rate numbers for all the treasuries. Except for the three month treasuries, all the interest rates are lower than last month. If the Fed increased the discount rate why is the yield curve lower than before. What was the purpose of the whole exercise. None of this will help savers one iota, as the three month treasuries stand at 0.28%, which is 28 basis point, I believe. I would appreciate some insight on this issue.