[nine_zeros]

> Call me crazy, but since the DOGE hatchet-wielding started, I've redeemed all my US bonds.

Not crazy given the incompetence in American political leadership.

BUT, if US treasuries default, your savings accounts, agency, municipal, state, international bonds, stocks - all will fail immediately.

Your literal checking account is backed by treasuries under the hood by the bank. Widespread bank runs will be likely. And even if you are at the front of the line in a run, you will not be able to withdraw $100k in actual dollar bills because banks don't have them in vaults like the old days.

[velcrovan]

What I'm hedging against is the possibility that technical issues at TreasuryDirect, and ensuing uproar, will temporarily prevent me from redeeming bonds at a time when I cannot afford to wait for a resolution.

maybe I am wrong but I view this as a very separate scenario from the US formally stating that it will default, which I agree would cause problems I'm in no way prepared for.

[nine_zeros]

Yes, you are right. A savings account will be a hedge against technical/short term UST bond redemption issues.