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re: 2yr Treasury Nearly 4 Percent

Posted on 9/22/22 at 12:40 pm to
Posted by Bunsbert Montcroff
Phoenix AZ / Boise ID
Member since Jan 2008
5516 posts
Posted on 9/22/22 at 12:40 pm to
quote:

6 month is the sweet spot at 3.8% and I've been buying a bunch of those with my emergency fund.

forgive my ignorance, but is that 6 month rate annualized? in other words, you don't get a 3.8 percent return on investment, you get 1.9 for a 6 month bill?3.8 is the APY right?
Posted by Jag_Warrior
Virginia
Member since May 2015
4172 posts
Posted on 9/22/22 at 12:43 pm to
Yes, yields are annualized.
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