Posts Tagged ‘term yields’
Investors Buy $32 Billion in Treasury Bills with ZERO Yield
Tuesday, December 9, 2008 15:26 65 CommentsToday’s treasury auction outlined the panic that still dominates the financial markets. $36 Billion in T-Bills were auctioned off today which gave a 0% yield. Why would anyone be willing to make an investment in which they are guaranteed to make nothing? The one word answer is “Fear.”
Because treasury bills are direct obligations of the [...]





















