Tuesday, March 04, 2008

T-Bill Rates--Wow!!!

Relayed by Vox, reported by the foreign press:

Yields on two-year US Treasuries plummeted to 1.63pc on Friday in a flight to safety, foretelling financial winter.

Not that I've kept a daily chart--but I don't recall 1.63% on Bills in the last 30+ years.

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