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

Posted on 3/9/23 at 9:40 pm to
Posted by 98eagle
Member since Sep 2020
1998 posts
Posted on 3/9/23 at 9:40 pm to
I don't believe it is very smart right now to invest in short term treasury bills. If the debt ceiling is not raised the Treasury will not be able to pay all of it's massive obligations, which include maturing T-bills. There would likely be a massive sell off of ETFs, etc that include Treasury Bills. Do a simple search yourself and read the potential danger.
Posted by wileyjones
Member since May 2014
2336 posts
Posted on 3/9/23 at 9:41 pm to
quote:

If the debt ceiling is not raised the Treasury will not be able to pay all of it's massive obligations, which include maturing T-bills
if the us defaults on treasury payments it’s going to be Armageddon

ain’t gonna happen
Posted by Jag_Warrior
Virginia
Member since May 2015
4180 posts
Posted on 3/9/23 at 11:06 pm to
quote:

I don't believe it is very smart right now to invest in short term treasury bills. If the debt ceiling is not raised the Treasury will not be able to pay all of its massive obligations, which include maturing T-bills.



In the (VERY) remote possibility that the United States Treasury defaults on its debt obligations for any lengthy period of time, there’ll be much greater things to worry about than some missed interest payments. That would make 2008-09 look like a picnic on a sunny day.

If you’re truly concerned about treasuries, you might want to empty your bank account too… with the ensuing bank failures and freezing up of the financial system, you might as well forget about the FDIC as a going concern.

I’ve got plenty of deer out at my place. So I’m willing to share the venison with any of you fellers.
Posted by lsu13lsu
Member since Jan 2008
11493 posts
Posted on 3/10/23 at 9:35 am to


Brother if that happens you better be invested in canned goods and shotgun shells.
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