Originally Posted by joesxm3
A couple years ago I spoke to the bond department at the brokerage and they told me that the fees associated with buying the treasury bonds would cancel out the difference in yield compared to the funds. I think they may have been lying to me.
Full service brokerage a few years ago? They probably weren't lying to you in the context of their cost structure. Some of these brokerages charge per bond ($1000), even government bond. With rates below 1% a few years ago, it was true.
As audrey1 says, right now we are in a unique time in the cycle where T-Bills make a lot of sense. Vanguard, Schwab and Fidelity charge $0 for government bonds if you buy via their websites. If you need assistance (call on the phone), they may charge you, unless you have certain account balances. Buying online from these sites is easy once you learn to navigate. There are other threads here explaining how to do that.
I'm way pleased that I got in on the 26 week auction last Tuesday that paid almost 4.2%.