On: Ditch banks – Go with money market funds and treas...

[koliber]

This works if you never need to liquidate early. For most people such a need to get their cash out occasionally happens. Regardless of how you stagger your bonds, if you need to sell before maturity, there is a chance they will be worth less.

[thanksgiving → koliber]

The only money if buy a bond with is money I'd put in a certificate of deposit (CD) anyway.

[nly → koliber]

You can sell gilts early. There's just a chance of a small loss.

Unlikely ATM while rates are expected to fall.