> I don't know anywhere else one can get a risk free return equivalent to a 10y bond.
How about equivalent risk-free return, even better yield, upside potential, optionality...and you don't need to be a federal employee to play?
It's been hiding in plain sight[1][2] for over a year now, but I'm not a financial advisor and certainly not your financial advisor...just an interwebs rando with a hobby positing food for critical thought.