Does anyone know of any money market mutual funds or ETFs that invest primarily in federal reserve repurchase agreements rather than treasury bonds?
If the federal funds rate is like 5%, I’d rather just invest in that instead of treasury bonds with all the debt ceiling nonsense going on.
I realize it’s extremely unlikely and almost impossible that the US will default, but if we assume the federal reserve literally cannot default (is that even true?), then why not invest with repos instead of very short term bonds?
Educate me please.
Submitted April 20, 2023 at 10:08PM by not_a_bot_2 https://ift.tt/Vyv7dES
