The six month yield 1.99, the one year 2.13. These are about eight tenths less than the ten year.
So why not pay the term premium for one year and simply bet the short end, rolling it over. By year two your compound rate is a point higher than the ten.
Individuals can do this with a trading script on escrow net, or buy into a Vanguard money fund. But finding and deploying these trading scripts needs to be common place. We need some stable rules for connecting on escrow net, especially prequal crypto badges.
Traders need to write scripts against the outcomes on multiple pits and ledgers. A prequal, or registration on pits. Also add some specifics on formulating the generic buy, sell, record, and recall under timeout. We can start writing trading scripts over the sandbox.
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