On my brokerage account on Vanguard I was going through the available bonds and found something called "brokeraged CD's". Bank of America was offering a 2 year at something like 3.95%
For my purpose I was just wanting somewhere to store cash for around that time frame so it works for this purpose. What interested me is Vanguard made it seem like they were tradable? They also had callable and noncallable. Rates were higher than treasury bills so I was wondering if there is more I should look into besides just rates like tax advantages vs bonds/t-bills? Was wondering if it would be wise to sub these in instead of bonds in my retirement plan. As Id never heard of these anything I'm missing?