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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (14433)	8/30/2022 7:56:04 PM
From: Kirk ©	Read Replies (2) \| Respond to of 26431

There is a weird inversion of the yield curve AND it pays to buy USTs rather than CDs if under 2YRs right now... you get 0.2% more with a 1-YR Treasury than the top paying CD! BTW, I had a few big CDs come due this month so I've been busy moving the $ to where I can buy US Treasuries directly with a cash management account. I was going to build a 1YR Treasury ladder that averaged 3.00%. I bought the first two batches at 12 Months at ~3.3% on Friday 9 months at ~ 3.4% today... it paid to wait! I'll look to buy 6 and 3 months tomorrow. I did Friday's buy without the funds settling... Couldn't remember if I was linked to Savings or Checking... turns out it was the checking account but they covered the HUGE "overdraft" at no fee. I called and they said not to worry as it is free as long as I have the funds in savings. All this time I was anal about having some buffer in the lower interest rate savings account. I'll probably still be careful since I don't want to build any bad habits and then get hit with fees someday.