Started By
Message

re: Bought US Treasury 1y

Posted on 10/21/22 at 12:25 pm to
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
9002 posts
Posted on 10/21/22 at 12:25 pm to
I parked some cash in the 3 and 6 month Treasuries this week. 4.1% and 4.4% are solid. Especially since my Bank savings account rate is less than 0.5%. Their CD rate is only 1.5%.

Decided to keep it on the short end as I’m expecting the Fed to raise rates again next month. If that happens rates approaching 5% may be here around the new year. Will give me a chance to reinvest should rates climb.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
77369 posts
Posted on 10/21/22 at 12:49 pm to
quote:

Bank savings account rate is less than 0.5%. Their CD rate is only 1.5%.



better than checking. checking is .01% interest
Posted by Jag_Warrior
Virginia
Member since May 2015
4278 posts
Posted on 10/21/22 at 4:22 pm to
quote:

Decided to keep it on the short end as I’m expecting the Fed to raise rates again next month. If that happens rates approaching 5% may be here around the new year. Will give me a chance to reinvest should rates climb.


Same thing I’m doing. I don’t see a (rational) scenario where rates collapse over the next 6 months or so.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram