- Jul 5, 2014
- North Shore, MA
You're talking about short term Treasuries no? Looks to me like the discounts are like on the order of 0.29 to 1.5%, not 5%.If u buy a treasury at 95 and it matures at par you made 5%
It's like a money market - which includes a lot of short-term Treasuries and pays out like 2%/year. I'm not saying don't use money markets, I'm saying don't buy long-term Treasuries thinking they're safe.