Quote:
Originally Posted by rustyp
12 month US treasury bill auction last week has a yield of 4.7%+. You can purchase directly from the government on line. $100 minimum $10 million max. Next 12 month auction Nov 29th.
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True. But, to me, it is much easier to set up a brokerage account with Vanguard or Fidelity, and have access to hundreds of new issue and market based CDs and Treasury bills that are held and managed in your account. They will purchase these products and resell them for you anytime you want. Why bother with the hassle of dealing directly with the Federal Government?