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Opinions on Federated Money Market fund (PCOXX)
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Reality speaks
Posted 1/13/2023 09:46 (#10037808 - in reply to #10037778)
Subject: RE: Opinions on Federated Money Market fund (PCOXX)


n. Illinois
T bills are a direct obligation of the Federal Government.

They are as safe as anything at the bank. If they aren't safe neither is your FDIC insurance. IE if the Fed's can't pay their own T-Bill how do you think they are going to make your FDIC Insurance promise ?
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