John Refior on Nostr: "there are $68 billion worth of savings bonds in this economy, but they’ve become ...

"there are $68 billion worth of savings bonds in this economy, but they’ve become much harder to cash at banks, as New York Times finance reporter Rob Copeland discovered firsthand...

"What’s also happening here is that when a bank does that transaction for you, they make exactly zero cents. And in many cases, these banks just don’t want to do it anymore."
https://www.marketplace.org/2023/10/12/got-old-savings-bonds-lying-around-good-luck-cashing-them/
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#finance #SavingsBonds