I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab. Short-term treasuries or US government-backed bonds are killing it right now.

You can get a one-month treasury for more than 5%, 5.365% to be exact.

And because of how awesome yields have been, I think bonds are finally cool again.

You know, I have been trying to bring sexy back to bonds for a minute now. In recent years they have

gotten such a bad rap. I know its popular opinion, especially in the crypto bro circles, to say that bonds are boring. But the truth is that bonds are just less risky compared

to other investments and what is more exciting than knowing exactly how your

money is going to grow literally nothing nothing. However, there is a really

common misconception about bonds that can seriously mess up the way you plan for your

investment returns. But first, let's do a little primer. A bond is essentially a

really legit I owe you. Let's say a little primer. A bond is essentially a really legit I owe you.

Let's say you buy a bond from me. I am giving you my word that I will give you your

money back with a certain interest rate after a certain period. There are three major types of bonds. First,

federal government bonds, typically called US Treasuries. Second, municipal bonds or

muni bonds for cities and states and third corporate bonds for businesses.

Today I'm going to focus on treasuries because the one month variety have that awesome

5% plus interest rate I was just talking about.

The history of US treasuries go back to day one, literally.

Treasuries and the Department of Treasury at large was founded during the American Revolution.

During the revolution, millions of dollars were raised through government bonds for the war effort.

As you can probably imagine, war is extremely expensive.

And there is a long history of nations all over the globe using bonds to finance war. Of course bonds are not

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