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by velcrovan 460 days ago
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.

1 comments

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