The stability of Treasury bills is attracting investors weary of seesawing vehicles such as cryptocurrencies
Faltering markets flatter positive returns in the short-term vehicles. ‘You don’t really have too many other great options.’
Higher returns on short-term government debt have made it attractive to investors weary of assets that tend to seesaw.James DiCio spent much of the last eight years riding cryptocurrencies’big swings in digital currencies , the pilot from Bohemia, N.Y., sold most of his crypto holdings last year, shifting his money from one of the most volatile investments to one of the safest. Now about 20% of his portfolio is in four-week to 13-week Treasury bills, these days yielding as much as 3.3%, the most since he was 9.
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