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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.
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
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