Depositaccounts.com offers up a nifty way to smash T-bill yields (a whopping 0.08% on a 1-yr)...

|By:, SA News Editor

Depositaccounts.com offers up a nifty way to smash T-bill yields (a whopping 0.08% on a 1-yr) for investors looking to keep money federally guaranteed. The plan: Buy a 10-year CD yielding 3% loaded with a short penalty for early withdrawal, then cash in the CD if rates unexpectedly rise. Even accounting for the penalty, the idea beats Treasury yields across the maturity spectrum.