Friday, June 11, 2010

Treasury Rates Continue to Drop

What's up with this flight to Treasury securities?

Mike Dunton at Mt. McKinley bank emails to point out that the rate on one month T-Bills has dropped again. One month T-bills yield 0.15% down -0.009 or -23.684%.

This means one thing, some very big players want to be in very short, zero-risk paper.

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