Submitted by Matttt21 t3_yi90pt in personalfinance
dust4ngel t1_iuim586 wrote
Reply to comment by Coronator in How high do we estimate online savings accounts/ CDs are going in the next 6 months? by Matttt21
question - is this just true of the present moment or is this generally true?
Coronator t1_iuin6kt wrote
True at the present moment. It’s definitely a bit whacky right now - CD’s have traditionally been a bit better than corresponding treasury bills. The spread will probably diminish, but for right now putting money on treasuries is absolutely the best play. Treasuries are state and local tax exempt as well, as opposed to bank interest.
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