The most useful information this blog has ever given

The two year United States Treasury Note is yielding nearly 4.5% – If you don’t believe me —

I found this out at dinner 19 October with my financially adept cousin.  Who knew?  A little over a year ago the yield was south of .1%.  Fortunately he keeps his eye on these things.  Not only that they are quite liquid, meaning you can sell before maturity without losing interest if you need to (unlike Bank certificates of deposit).    You are still not winning with inflation north of 8%, but at least you are not losing as badly.    Apparently you can buy them direct from the treasury, but I don’t trust the net, so I’m marching over to my broker tomorrow.

Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: