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

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the 1 year treasury is at 4.7 percent

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Do you buy directly from Treasury Direct?

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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.

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I have yes, especially treasuries I intend to hold until maturity.

but 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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Was looking at buying some through Fidelity, but it does not seem as straightforward as I would have thought. Wanted to ladder short term (3, 6, 9 month and 1 year).

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Was looking at buying some through Fidelity, but it does not seem as straightforward as I would have thought.

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If it’s your first time dealing with fixed income, not a bad idea to call a rep and let him walk you through the platform structure. That shouldn’t qualify as a “broker assist” ($).

Once you get the hang of it, it should be super easy.

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Ally just bumped to 2.5% this week, they've been moving up in increments among the FED bumps. Will probably be around 3% by year-end

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Thank you sir.

Discover Bank is at 2.75%

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Was looking at buying some through Fidelity, but it does not seem as straightforward as I would have thought. Wanted to ladder short term (3, 6, 9 month and 1 year).

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https://thefinancebuff.com/treasury-bills-cd-money-market.html#htoc-fidelity

Barclays updated to 3% on their savings this morning. Been considering grabbing some 1 year CDs in the 4% range, but think I'm just gonna sit tight... good shot some of these savings keep creeping up in the near term.

Personal Capital just announced 3.45%.

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Is that Capital One?

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Personal Capital is not related to Capital One.