Bond rates are low too and have transaction costs. Very poor substitute for a savings account with an emergency fund. http://www.bloomberg.com/markets/rates-bo

Bond rates are low too and have transaction costs. Very poor substitute for a savings account with an emergency fund. http://www.bloomberg.com/markets/rates-bonds/government-bonds/us http://www.bloomberg.com/markets/rates-bonds/government-bond... (.27% for 3 month treasuries, just .79% for 2 year)