3-month T-Bill Yield hits Lowest Yield of All Time?

How can they blame Obama? We all know it's Hillary's fault. At least until the primaries are over, then it will be McCain's fault. And to think, before the primaries, it was Bush's fault.

 

http://www.bloomberg.com/markets/rates/index.html

According to the Bloomberg link above, yields on T-Bills are very close to 0.

Yield on 3 month T-Bill: 0.05%
Yield on 6 month T-Bill: 0.01%

 

Those might be bad quotes due to the Good Friday holiday and Easter Monday.

 

3 Month got to 0.19% on Thursday

 

With people buying T-bills at that low of a yield, it is apparent that they are more concerned about return OF their capital than return ON capital.

 

Bloomberg is now showing T-bills at:

3 month .84 / .86
6 month 1.34 / 1.37

 

IT MEANS WE HAVE NEGATIVE REAL INTEREST RATE.

SOON INFLATION WILL GET HIT TO ADJUST FOR REAL INTEREST RATES.

I hope not but it seems that this is going to happen.