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Personal Investments • Some questions regarding US Treasury

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Hi,

I have an account on schwab and have some questions regarding US Treasury:

1. What is the risk for short-term US Treasury? For example for 4-week bill, if I wait until the mature of the bill, what is the risk?

It about as risk free as it comes. But, in the presence of inflation it is mathematically possible for that nominal yield to be a negative real yield and you lose money to inflation. The second risk is that when you reinvest at the end of 4 weeks you don't know now what yield will be available. That is called reinvestment risk. To avoid that you invest in a longer term. In general there may be better investments and you have opportunity risk not investing there because your money is in T bills. Opportunities may be in longer term bonds, in stocks, in buying a house, or even in spending the money instead of keeping it.

Under any terms investing is always risky in some way or another.


2. If the short-term bill has a higher year yield rate, why people still purchase long-term bill, such as 2 year or 10 year?
3. Is there a 4-week bill that will auto renew? I can set when it is mature, to auto-renew or stop. If auto-renew, then it will go on next 4-week, and so on.

Thanks

Statistics: Posted by dbr — Wed Apr 24, 2024 6:56 am — Replies 2 — Views 158



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