Better Than Under the Mattress?

Investors rush to put their money in short-term Treasury bills yielding 0%. That's right, zero. Safety trumps yield. At least you won't lose money. (And the feds can finance the coming trillion dollar deficits on the cheap). Tell your grandchildren you were there for this.


Blogger drawnonward said...

It gets better. These T-bills are reportedly trading for negative yields on the secondary market.

December 11, 2008 at 6:00 PM  

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