5 ms·
I'd really rather use my 2% savings account than the 1.61% from short term treasuries, 1.65% from intermediate term treasuries, or 2.1% from long term treasurie
by Ambele 7y ago
I'd really rather use my 2% savings account than the 1.61% from short term treasuries, 1.65% from intermediate term treasuries, or 2.1% from long term treasuries.*
Or maybe you're making snarky comment on how large banks were bailed out in 2008 by the Fed by which the Fed traded a portion of it's "good" treasury debt for bad bank debt (CDOs). If that's the case than I agree because I dislike how the Fed bails out the banksters more than the common man.
*Source for annual interest rates on common bonds: https://investor.vanguard.com/etf/list#/etf/asset-class/month-end-returns https://investor.vanguard.com/etf/list#/etf/asset-class/mont...