You will have to settle for a free appetizer, says Todd Pretzel.
In January the US Treasury issued floating rate notes whose interest rates float up or down every week. This could be helpful in a rising rate environment. The interest rates are anchored off the 3 months Treasury bill with a spread in yield of .045%. For example the 3 months bill yields .035. So the FRS yield 0.08%.
If u expect interest rates to climb steeply these may be better than 2 year notes.
article points out end that CD s may be even better. So aside from hype why go for breakfast when there is free lunch available in the form of CDs.
Source today’s wsj