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Our_Benefactors 2 days ago

This. The website for buying treasury products is straight out of the year 2002. The login is so bad I would never consider buying them there - the service fee charged by brokerages is absolutely worth it in this case.

ryandrake 2 days ago | parent | next [-]

Which brokerages charge fees for purchasing US Treasuries? Schwab definitely doesn't.

Really the only reason you need TreasuryDirect is for buying Series I bonds (and maybe a few other niche Treasury products), which are not available through brokerages.

aianus 2 days ago | parent [-]

Schwab folds their fees into their bid/ask spread, they're not doing it for free.

PaulHoule 2 days ago | parent | prev | next [-]

Back when interest rates peaked around that period I bought a huge number of I bonds which were a great investment —- got fired by my broker because I interrupted a sales presentation with “why don’t I just buy I bonds?”

Back then I thought Treasury Direct was great.

teiferer 2 days ago | parent | prev [-]

Makes it obvious which lobby has a hand in this, doesn't it?