[lbo-talk] T-bill yields go negative

Shane Taylor shane.taylor at verizon.net
Wed Dec 10 05:07:52 PST 2008


Doug Henwood posted:


> NEW YORK (MarketWatch) -- Treasurys headed higher
> Tuesday, helped by a strong bill auction that
> showed investors purely wanted assurance that
> they would get their principal back.
>
> The market reached the highs of the day after the
> Treasury Department sold $32 billion in four-week
> bills at a yield of 0%.

<http://econompicdata.blogspot.com/2008/12/capitalism-is-dead.html>

Funny times.

Shane



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