U.S. Government Treasury Bills
Custodied at BNY Mellon Pershing. Member of SIPC.
What are Treasury Bills?
Securities issued by the U.S. Department of Treasury
Backed by the “full faith and credit” of the U.S. Government
Treasury Bills fail if the U.S. Government defaults
Why did no one buy Treasury Bills before?
In 2020, the interest rate on a 1 year treasury bill was 0.10%*.
On $10 million, you earned $10,000.
Today, the same t-bill pays you up to 46x (or 4.6%*)!
That is a potential $460,000 to extend your runway or hire more engineers*.