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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (23031)8/4/2024 1:33:15 PM
From: edward miller   of 23657
 
Could be a stale message. Thinking of how we were at virtually zero rates not that long ago.

The only way I can make sense of that message is if Schwab combined the risks for all Treasury issues, regardless of maturity. Seems stupid to me, but what else makes sense? The only risk in 6 month bills is inflation eating the value of money, and that is not much. Better than market risk right now.

Disclosure: I am >80% T-Bills.
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