what's the benefit to this over a CD, which have similar yields (and can be locked in for longer terms)? Or a savings account event which several now offer 5% rates
If you live in a state with income taxes, there's no State-level income tax on Treasury Bonds.
There's also far more liquidity. You can easily transfer the Treasury Bonds around and sell them (of course, if the %yield changes, you could sell them for more... or less... than you originally paid).
There's also far more liquidity. You can easily transfer the Treasury Bonds around and sell them (of course, if the %yield changes, you could sell them for more... or less... than you originally paid).