Are short-term bonds the ultimate safe haven right now?

[Boss Man]

I was reading an article discussing 3-year U.S. Treasury bonds maturing in early 2029 as a guaranteed safe haven amidst current political and market volatility.
The article highlights two specific options:

1. Zero-Coupon Treasuries (Feb 2029): Paying around 4.7% annually until maturity.
2. April 2029: Paying 2.3% plus inflation. With current inflation around 3%, the nominal yield comes out to roughly 5.3%.

Given high equity valuations and ongoing macro uncertainty, are you locking in these ~4.7% to 5.3% risk-free yields in your fixed-income allocation, or do you prefer holding cash/CDs/money market funds with shorter durations?

 

[LucasBennet]

3 years is way too long to tie up cash IMO. One crazy CPI print or a dovish FOMC pivot and the whole yield curve shifts instantly. I'd rather stay in ultra-short money market funds so I have maximum liquidity ready to trade the volatility around the big news drops.

 

[Owen Carter 27]

I don't really bother with the macro noise. If the chart says stay in cash, I stay in cash. Locking up capital for three years based on a "guaranteed" yield just sounds like a way to miss the next real setup when it finally breaks out. I’d rather keep the dry powder for when price action actually gives me a clear entry point on the indices.

 

[LucasBennet]

Three years? No way. I need that liquidity ready for the next NFP print. If the jobs number comes in hot and shifts the rate cut expectations, I want to be able to rotate into the trade immediately, not sitting on some locked-up bond. Cash is king when you're looking to catch these big volatility spikes.

 

[EthanCole]

Honestly, getting paid 5% just to sit on your hands while waiting for a clean setup on the daily chart isn't a bad gig. Everyone seems so stressed about missing the immediate reaction to every CPI or NFP print. I'm completely fine taking the yield and waiting weeks for a proper higher-timeframe trend to develop instead of forcing trades in this noise.