Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Fixed income question re CDs v treasuries"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Apologies in advance if this is a dumb question: I logged into Schwab to purchase some fixed income positions. At present, a US treasury that matures on 8/3 has a YTM of 4.869. (If the date is the issue, a US treasury maturing on 8/15 offers a YTM of 4.805.) By contrast, the top CD offered in the 6 month category matures on 8/14 has a APY of 4.755%. Given that, as I understand it at least, the US treasury is free of state tax, is it right to conclude that the treasury--with the greater yield than the CD--is plainly the better option, as the tax benefit is an extra kicker? Or am I missing something here? Is the treasury "YTM" metric not equivalent to the CD "APY" metric? [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
