Everand Logo

Welcome to Everand!

  • NPR

    The bond that broke the internet

    US Treasury bonds are known as a super safe, super boring place to put your money. But the Series I Savings Bond got so popular last week, the surge in demand crashed the Treasury's website
    by Stacey Vanek Smith Oct 31, 2022 5 minutes
    Andrea Hsu and Stacey Vanek Smith experience the Treasury's website crashing as their bond purchase was going through.

    Last week I saw a headline that stopped me in my tracks: Lowly T-Bills are Suddenly Sexy. Yes, Treasury Bills! I have never - in more than 15 years of covering business and economics - ever seen the words 'sexy' and 'Treasury bills' in the same sentence.

    And for good reason. In the world of investments, Treasury bills would never be considered the sexy ones. That would be tech stocks, crypto or maybe NFTs. Treasury bills would be the ones wearing sensible shoes, driving under the speed limit and shopping at Costco.

    "I feel like everyone thinks of this lowly, boring world of Treasury bills," said Alexis Leondis, who wrote the tracks-stopping headline and the article that went with it for : "And I'm like, 'They're not that way anymore. They deserve a second look.'" Leondis is not wrong. Government bonds (A.K.A. Treasury bonds, Treasury bills, T-bills) have had

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR3 min read
    Helping Women Get Better Sleep By Calming The Relentless 'To-do Lists' In Their Heads
    A recent survey found that Americans' sleep patterns have been getting worse. Adult women under 50 are among the most sleep-deprived demographics.
    NPR2 min readWorld
    Hamas Releases Video Of A Second American Being Held Hostage In Gaza
    Hamas has released a video showing two captives, one of them an American, as part of an effort to prove that the two men are still alive. It was the second video of a U.S. citizen released this week.
    NPR4 min read
    You Know It When You See It: Here Are Some Movies That Got Sex Scenes Right
    Good sex scenes are like any other kind of good filmmaking: It comes down to execution with purpose and care, done relative to whatever the function of the scene might be.

    Related Books & Audiobooks