Ask Terry Questions 6-month Treasury bills?

6-month Treasury bills?

By Terry Savage on February 27, 2023 | Chicken Money

You said that the 6-month treasury bills are paying 5%. Is that correct? If that is true then if you rolled them over for another 6 months, you would then earn 10%. Am I missing something?

Terry Says

WRONG!! You get 6 months at the current rate. Then when you roll them over, you get whatever is the new rate at that week’s T-bill auction. Read this: https://www.terrysavage.com/t-bills-beat-cds/

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