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re: IMO, best place to park cash...

Posted on 4/25/24 at 3:49 pm to
Posted by Big Scrub TX
Member since Dec 2013
33595 posts
Posted on 4/25/24 at 3:49 pm to
Thought I'd bump this given the recent move up in rates. We seem to be in a "higher for longer" environment, so I like USFR as much or more than when I first created the thread last year.

Presently, it's yielding around 5.47%. That's a solid 20-40bps higher than the Schwab money markets I usually compare it to.

With the 10 year up to 4.6%, there's an argument for extending duration now. I don't really want to, personally, as I think it's "higher for longer"...for awhile.


I still like leaning into the extreme front end and milking it for all it's worth.
This post was edited on 4/25/24 at 4:51 pm
Posted by PerplenGold
TX
Member since Nov 2021
1187 posts
Posted on 4/25/24 at 6:40 pm to
Thanks for the bump. I missed this before and will likely be selling my business soon. USFR looks like a great place to stash $ while deciding on next steps.
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