Why bother locking up your money for two years when you only get a quarter of a per cent interest?
It would seem to make more sense to just hold the cash and be ready to buy stocks when the Dow drops to 5000.
I’m not saying T’s are good. I’m saying (look at the startribune article - IMHO, it smells like we’re having a “crisis”. I had posted some joking about this a few days ago, this week we’ll seem some crashing in stocks for a while.
That generates a “flight to safety” and therefore pushes Treasuries, which helps our illustrious “government”.
If the Treasury auctions fail - big problems for government.
Can’t say for sure, it just smells that way.