According to recent disclosures, Warren Buffett’s Berkshire Hathaway has recently revealed its substantial cash reserves and significant investments in U.S Treasuries.
This large position isn’t surprising, given the ongoing market volatility and extended valuations in equity markets. It has become more appealing to consider the safety of parking money in certificates of deposits (CDs) and U.S. Treasuries. As of Oct. 12, the yields on these investments have become enticing, with a six-month Treasury yielding 5.35%. A one-year Treasury at 5.41% and a two-year Treasury offering 5.04%. With some research, you can find FDIC-backed CDs providing similar yields.