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Strategies & Market Trends : Treasury Bills, Notes & Bonds of all types
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To: diegosan who wrote (1009)3/8/2024 10:48:21 AM
From: Smart_Asset  Read Replies (1) of 1138
 
A couple of fuzzy answers..

I've also noted that I lose a few dollars on the first day of each T-Bill purchase. I think it likely a reflection of the fee Schwab takes for processing them.

As to why the yield is slightly lower than the offered yield, again, my guess is that would be a result of a delay in the purchase date as with some new issues or Schwabs cut.

If it wasn't such a time waster plus the potentiality of talking to someone who doesn't know the answer, I'd call Schwab.
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