Treasury Bills Trade at Negative Rates

[uscitizen]

Treasury Bills Trade at Negative Rates as Haven Demand Surges


By Daniel Kruger and Cordell Eddings

Dec. 9 (Bloomberg) -- Treasuries rose, pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid the worst financial crisis since the Great Depression.

more at link:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOGXsWKEI6F4&refer=worldwide

for some reason Drudge did not keep this headlkine up long at all.

 

[Damocles]

LOL. We were just talking about this yesterday...

Good thing the indicators show to get back into the market, eh. SF?

 

[uscitizen]

There are some positive indicators ?

 

[Cancel 2016.2]

LOL. We were just talking about this yesterday...

Good thing the indicators show to get back into the market, eh. SF?

yeah, looks like the dollar is breaking down today as well. Commodity prices are jumping.

That inflationary aspect we were talking about may come around sooner than expected. The dollar is down over 2% today, which is a pretty big one day move.

 

[Damocles]

yeah, looks like the dollar is breaking down today as well. Commodity prices are jumping.

That inflationary aspect we were talking about may come around sooner than expected. The dollar is down over 2% today, which is a pretty big one day move.

Weird to watch as it does pretty much what we were talking about. I'm glad I was holding that VLO in my real portfolio... I should have bought into that instead of APPL today... in the virtual market...