6-month US Treasuries were 0.36% APY on January 19th, 2022.
1-month US Treasuries are 1.13% APY today, June 14th, 2022.
-----------
So if you had bought a 6-month US Treasury on Jan 19th, you'd have a 1-month Treasury with .36% APY.
That's worth much much less than the current 1-month US Treasuries that are available, so you'd be forced to sell at a loss if customers requested their money back.
1-month US Treasuries are 1.13% APY today, June 14th, 2022.
-----------
So if you had bought a 6-month US Treasury on Jan 19th, you'd have a 1-month Treasury with .36% APY.
That's worth much much less than the current 1-month US Treasuries that are available, so you'd be forced to sell at a loss if customers requested their money back.