Are we about to see negative ST Treasury yields?
Posted: Thu Jul 07, 2011 6:53 am
Looks like 4-week Treasuries were just auctioned off for 0.000%
http://www.treasurydirect.gov/instit/an ... 0706_1.pdf
And here's the kicker... These bills mature on August 4th, 2011 — two days after "default" day!
http://www.treasurydirect.gov/instit/an ... 0706_1.pdf
And here's the kicker... These bills mature on August 4th, 2011 — two days after "default" day!