Ask Terry Questions Govt Bonds

Govt Bonds

By Terry Savage on October 21, 2023 | Chicken Money

Hi Terry.
I heard you on 890 talking about treasury bonds and I’m trying to buy a 10K 3 month bond or note. Although I think they’re one and the same. I went on treasury direct.gov however I’m confused. The site says I have to bid for a bond at auction. So, I can’t just buy a 3 month bond/note and, just let it rollover and grow until when and if, I need the money? Can you or someone in your company do this for me or, is there someone I can call.

Terry Says

Here are the instructions. The bonds are auctioned to big global banks. As an individual,you agree to accept the rate set at auction. And you probably want 6-month Treasury bills. https://www.terrysavage.com/t-bills-beat-cds/

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