Fortunately for investors, yields on the 10-year Treasury note, at 1.291%, remained steady after the minutes were released.

Its really like looking at the stock market...do you invest in Treasury bonds and get a safe, dependable but small return...or do you go big, YOLO and Wall Street Bets that next GME Stock? 

As it says on the treasury website:"An application for rental assistance may be submitted by either an eligible household or by a landlord on behalf of that eligible household."

Mutual funds, index funds, high dividend stocks, ibonds, currently at 9.5% with a $10k cap, treasuries, whatever else you are ok with. 

However; I think your example is missing some key points that make this time a little different. 1) During the fall of lumber last year, the 10yr treasury yield was running around 1.5% in May and then 1.2% in August.

Put plainly, the largest buyer for Treasury's and Mortgage Backed Securities(MBS) is no longer buying.

They correlate more closely with the 10 year Treasury Note.

Been doing it for many years now with treasuries, but the first time was a little spooky, so I did a trial of a $50 E-bond (when they still existed).

April 2021It was recently announced that Fannie Mae and Freddie Mac were being directed by the Treasury to reduce their risk exposure for certain types of loan transactions that they acquire.

The 5-year Treasury-indexed adjustable-rate mortgage averaged 2.92%, up eight basis points from the previous week.