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High Demand For Treasury Bills Drives Yields Near Zero

Monday, June 27, 2011 - 6:04 AM
From the Wall Street Journal
Treasury-bill yields are at zero, even turning slightly negative at times. But the credit crisis in Europe and jitters about a global economic slowdown have investors hiding in conservative T-bills, happy to pay a premium for negligible returns.

As the article mentioned, there is still no worries in the market about Congress failing to act before the U.S. reaches its debt ceiling.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634