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t-bills

October 10th, 2013 at 04:57 am

I haven't invested in 4 week t-bills in many years, ever since 2008. Why invest at 0%? But I have followed them, if nothing else to show that I'd do a better job finding money on the sidewalk. I looked at the 4 week t-bills today, and the Tuesday auction yielded .350%. Quite a jump from 0.

To play along, here: http://www.treasurydirect.gov/RI/OFBills

Looks like not everybody has faith that Congress will get it together and not raise the debt ceiling next week.

Posted in Fixed Income | 4 Comments »

4 Responses to “t-bills”

  1. TashaC. Says:
    October 10th, 2013 at 07:09 am 1381388971
    1381388971

    keep us updated. I've never looked into them and .035% is not enough for me to add them into my portfolio...but if they suddenly seem like a good opportunity then I want to know about it!

  2. baselle Says:
    October 10th, 2013 at 05:47 pm 1381427229
    1381427229

    That's monthly. .335% in interest every month (where the catch is, it has to be maintained) translates to 4.2% yearly.

    Its only a good opportunity for the vultures among us. I read it as the first symptom of a very bad issue.

  3. TashaC. Says:
    October 11th, 2013 at 12:09 am 1381450144
    1381450144

    ooohhh... 4% a year! that is good rate!

  4. scfr Says:
    October 11th, 2013 at 09:17 pm 1381526266
    1381526266

    I can't even remember the last time I owned a T-Bill (the only Treasuries I have now are TIPS and Series EE or I Savings Bonds), but if I had to guess I would say 2005, but I do check the rates from time to time. Looks like it may be time to start watching more closely. Yup - I'm a vulture.

    P.S. - I found a nickel on the ground today and thought "baselle would be proud" as I swooped in to pick it up.

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