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A Low-Risk Route to High Yields on Savings

FYI: Bond rates are painfully low right now, with a one-year U.S. Treasury currently yielding 0.11%. But what if there were a bond-like instrument structured as follows?
Regards,
Ted
http://blogs.wsj.com/totalreturn/2014/11/03/a-low-risk-route-to-high-yields-on-savings/tab/print/?mg=blogs-wsj&url=http%3A%2F%2Fblogs.wsj.com%2Ftotalreturn%2F2014%2F11%2F03%2Fa-low-risk-route-to-high-yields-on-savings%2Ftab%2Fprint&fpid=2,121
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