T-Bill yields are falling fast again. I wonder why? Thankfully Hank Paulson will print more to satisfy demand!
Long bond yields actually paradoxically rose as the depression went on by the way. And yes, for my retirement acct, I paid 0.04 yield on a 90 day and was HAPPY to do it at the time. Its not about return on capital at this point - its about preservation.
"Long bond yields actually paradoxically rose as the depression went on by the way." Combo of "didn't trust government" and "need spending cash"?? Or, alternatively, price enjoys volume and tends to seek out these levels...not so sure this logic applies to treasury market tho.
"Cash" is not necessarily protected. T-Bill are the ultimate safety. If the Gummint defaults on T-Bills (aka 'refuses to print more') you paper money cash isn't worth crap.
that's all in the western hemisphere. You're too hemispherically concentrated. Diversify into south east Asia.