Summary
- A 26-week Treasury just auctioned with an investment yield of 1.036%.
- 13-week yields are closing in on the 1% mark and may outperform your cash holdings.
- These short-term Treasurys can be purchased without commissions or fees and are ultra-safe and ultra-liquid.
Interesting question, and it raises many issues, which I may write about later this week. My TIPS ladder ends in…