Accurate Treasury rate predictor?

[mystang52]

I came into a significant windfall, and want to park it in Treasuries. I have a Treasury Direct account so I know I can purchase new securities through that, but of course the final interest rate is not known at time of making the purchase. What resources are there to get a good gauge of the likely rate?

 

[big-papa]

I came into a significant windfall, and want to park it in Treasuries. I have a Treasury Direct account so I know I can purchase new securities through that, but of course the final interest rate is not known at time of making the purchase. What resources are there to get a good gauge of the likely rate?

Which kinds of treasuries are you interested in purchasing?

Cheers.
Big-Papa

 

[audreyh1]

For daily you can look at the secondary market. The auctions tend to be close.

The Treasury samples the secondary market so you can get an idea. This just covers T-Bills: https://home.treasury.gov/resource-..._bill_rates&field_tdr_date_value_month=202312

It might be better to purchase and manage your treasuries through a brokerage. You can participate in the auctions. You can also use the secondary markets if you wish.

 

[pb4uski]

+1 Treasury Direct is a PITA, I would suggest that you use a brokerage account.

 

[OldShooter]

Why does it matter?

 

[mystang52]

Why does it matter?

Buying on secondary is a sure thing, but entails capital gain.

 

[Dash man]

Buying through Treasury Direct doesn’t allow selling if desired. You can transfer treasuries to a brokerage to sell, but they don’t make it easy.

 

[jim584672]

Buying on secondary is a sure thing, but entails capital gain.

Not in my experience. As long as you hold to maturity the interest gets reported on a 1099-INT. If you sell prior to maturity it gets reported as gain.

 

[JoeWras]

I'm going to add to the chorus: please do not use Treasury Direct. Use a brokerage like Fidelity.

At auction, it still costs you nothing -- same as Treasury Direct. But here are the things you get in addition, that you won't get on Treasury Direct:

- Up to the minute market value
- Ease of selling to secondary market (huge advantage)
- Tools to analyze your effective yield, future recurring coupon income, etc.
- Texts and emails notifying you of your completed sale
- And probably more

Here's the one and only advantage TD has over brokerages:

- You can buy any amount, not just multiples of $1000