When Buffett buys short term treasuries it means he’s concerned about our ‘reserve currency’ standing...
We might not pay our other debts but we’ll keep paying on the national debt because if we don’t - and other countries start pulling out - it’s over. So it’s a safe investment for Uncle Sam.
Uncle Sam will keep paying it... and rates might even go up if inflation continues the degradation of our currency. Hope for the best - plan for the worst.
“When Buffett buys short term treasuries it means he’s concerned about our ‘reserve currency’ standing”
Smart guy.
That is why I buy them.
:-)