T-Bills yields sink negative for second time ever...

Discussion in 'Trading' started by The Kin, Sep 17, 2008.

  1. Can you guess the first time yields went negative?

    TREASURIES-1-month yields sink below zero in cash scramble
    Wed Sep 17, 2008 10:20am EDT Email | Print | Share| Reprints | Single Page | Recommend (0) [-] Text [+] Market News
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    Trading will never be the same.* T-bill yields sink in scramble for cash

    * Global stock sell-off adds to safe-haven bids

    * Money market funds seen as key buyers

    By Richard Leong

    NEW YORK, Sept 17 (Reuters) - The yields on U.S. Treasury bills plummeted on Wednesday, pushing the one-month yield briefly below zero, as turbulent financial markets spurred a scramble for cash and ultra low-risk investments.