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US Treasuries go negative
#1
Confused Confused Confused  The author of this article is wrong.

Treasuries went negative in 1932.  But he seems ignorant of that.

https://www.cnbc.com/2020/03/25/negative...ative.html



Negative rates come to the US: 1-month and 3-month Treasury bill yields are now below zero

Published Wed, Mar 25 202011:03 AM EDTUpdated an hour ago
Jeff Cox@jeff.cox.7528@JeffCoxCNBCcom

Key Points
  • The one-month and three-month Treasury bill yields turned negative Wednesday.
  • There was only one other period, briefly in 2015, when that happened, but the most recent yields were well below that level.
  • A flight-to-safety trade has helped push yields down even though stocks have rallied sharply the past two days.
The coronavirus crisis has brought another first to U.S. financial markets — negative yields on government debt...."

[Image: bills.1585148679361.png?]
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