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0 pointspascalxus7y ago0 comments

but how do those work. do you have to keep buying them every 6 months, or can you just leave it there while it keeps providing interest at that rate? and will those rates continue to go up?

mysavingsdirect has for the last 2 or 3 years shown they're commited to staying at the highest rates.

0 comments

whitepoplar7y ago

Checking/Savings rates are highly correlated to Treasury yields, so if Treasury yields go down, so will yields on checking and savings accounts.

To answer your first question--if you go with Fidelity, they offer an "auto roll" feature which can re-purchase new T-Bills (or any Treasury/CD) at auction, automatically, when existing issues mature. It's completely hands-off: https://www.fidelity.com/fixed-income-bonds/fixed-income-too...

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0 pointspascalxus7y ago0 comments

but how do those work. do you have to keep buying them every 6 months, or can you just leave it there while it keeps providing interest at that rate? and will those rates continue to go up?

mysavingsdirect has for the last 2 or 3 years shown they're commited to staying at the highest rates.

0 comments

whitepoplar7y ago

Checking/Savings rates are highly correlated to Treasury yields, so if Treasury yields go down, so will yields on checking and savings accounts.

j / k navigate · click thread line to collapse