lucky_ducker t1_j6p5o9y wrote
Reply to comment by nrj3697 in Why dont people talk about Tbills, Bonds, and CD's anymore? I remember my grandmother who was an accountant had tons of paper bonds for me when i turned 18. by [deleted]
T-Bills are very close to CD rates right now, and are far more liquid than CDs.
Money market funds (another unloved investment) are paying around 4.3% compared to 4.65% for T-Bills, and are not only as liquid, they are immune to interest rate risk.
nrj3697 t1_j6paw1z wrote
What do you mean by interest rate risk
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