T Bills

By Terry Savage on May 13, 2023 | Chicken Money

Is this a good time to buy aT-Bill for $30,000 with the debt ceiling in question or should I wait till the politician s decide what they are going to do? I had a T bill to be issued on 5/11 with 5.01%, but cancelled today.

Terry Says

The United States is NOT going to default on its IOUs. Cancelling that purchase was a bad move.



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