re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23

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if I understand correctly you can't sell treasuries on the secondary market at treasury direct. to sell treasuries on the secondary market before their maturity you will need to buy from a brokerage or bank.

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Basically correct. You can however transfer marketable securities bought on Treasury Direct to a broker/dealer and sell them that way. You can also transfer marketable securities bought from a broker/dealer into your Treasury Direct account. But because securities held in the Treasury Direct account aren’t marginable and can’t be used as collateral, even if I buy on there, I hold the securities in my brokerage accounts.

Another thing to keep in mind when comparing yields between treasury securities and CDs is the fact that treasuries avoid state and local income taxes, whereas most CDs do not.