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Paranoid! Treasury 3 Mo Bill Yield Hits 0 Percent For First Time!

This is a syndicated repost published with the permission of Confounded Interest - Online Course Notes For Financial Markets. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Not only can’t The Federal Reserve generate any inflation,

usinflation

they can’t even generate a positive yield on the 3 month Treasury bill.

Yes, the 3 month Treasury bill auction went off today … and for the first time, the 3 month Treasury yield is ZERO.

36mthauction

The return to investors is 0 percent for the three-month bills, with a $10,000 bill selling for $10,000.00. The return to investors is 0.066 percent for the six-month bills, with a $10,000 bill selling for $9,996.71.

3motbill

The US yield curve is now officially pinned at 0% at 3 months.

usyc

Poor Janet Yellen must be getting PARANOID!

ozzy-osbourne

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