Time to lock in 4.7% returns on your savings for 10 years?

I watched his interviews, he is short the 30y, he is not that bearish on that 10y

 

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EVEn if one does not think rate$ are going down/
want plenty of money to buy ETFs , maybe, maybe not this week but 4th quarter most likely.
Most likely not not low PE stuff like DOW\DIA\ tends to go low \lower.........

 

Too early imo. Rates will creep higher, causing 10yrs to sell off even further. Inflation is not tamed by a long shot.

 

What does the T&C say? What if they decide to close your account for whatever reason? Feels like there could be tricks in the contract

 

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[ 9mo ]looks even better if one want to lock it up for 9 mo, not me.
10 year$ even more so no thanks.
Even a cash SPY benchmark does much better [2x or more] than that average.
Not sure i would call most bonds ''capital destruction'' LOL , but destruction\opportunity cost for sure.
Looks like Fidelity has good line of private sector CDs/better than gov,,LOL expected

 

https://www.nytimes.com/2023/10/03/business/economy/jolts-job-openings-layoffs.html

 

Are the tax implications the same for CDs and US paper?

 

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In a Roth, they are.

 

I thought Bills have certain State benefits.

 

Treasuries are exempt from state income taxes but CDs are not.
No state income taxes here in FL so depends upon your state tax.