Has anyone used TreasuryDirect to buy US Treasury Notes?

[MarathonMike]

The 2 year Treasury yield this morning is 3.4%. That looks pretty good to me, I'm thinking of buying some and was wondering if anyone has purchased treasuries and/or if they used TreasuryDirect.com to buy them?

 

[ZZ PUPPS]

The 2 year Treasury yield this morning is 3.4%. That looks pretty good to me, I'm thinking of buying some and was wondering if anyone has purchased treasuries and/or if they used TreasuryDirect.com to buy them?

Yes. Just setup the account and bid at an upcoming auction. If you wish to sell early, you'll need to transfer the securities to a broker. TD is purchase only, except for I bonds.

 

[Meister]

Interesting.....I never thought about it.

 

[MarathonMike]

Interesting.....I never thought about it.

Me neither! But 3.4% got me intrigued since I've got cash on the sidelines.

 

[Meister]

Me neither! But 3.4% got me intrigued since I've got cash on the sidelines.

Taxes and inflation? I don't know......but it is a safe investment.

 

[MarathonMike]

Yes. Just setup the account and bid at an upcoming auction. If you wish to sell early, you'll need to transfer the securities to a broker. TD is purchase only, except for I bonds.

Good info, thanks ZZ!

 

[ZZ PUPPS]

Good info, thanks ZZ!

Just read the info on the TD site. It's fairly well written, although you may have to chase some links for detailed info. If you have spare cash, consider I bonds, up to 10k/person/yr. Current yield is 9.62%, it resets every 6 months based upon CPI-U.

 

[Pete7469]

Anything on paper labeled "US Treasury" is toilet paper as far as I'm concerned.

Charmin is cheaper.

Brass, copper, lead, silver and gold is the only thing that will be of value in the near future as far as I can see.