All T-Bills Up To 3 Months Now Have Negative Yields

Source: https://www.zerohedge.com/markets/all-t-bills-3-months-now-have-negative-yields
Published: Mar 25, 2020
Author: Tyler Durden
Post Date: 2020-03-25 20:58:03 by Horse
Views: 1910

For Bill yields to turn negative on the day of a massive stock rally is strange to say the least.

Poster Comment:

My great-grandmother came to America from Canada. Her family was from Ireland. They originally came from Germany with England's German monarchs. They were Church of Ireland.

She became a staunch Republican because Wilson created the Federal Reserve Bank.

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#1: Pinguinite    To: Horse (#0)

For Bill yields to turn negative on the day of a massive stock rally is strange to say the least.

In which case the stock rise is extremely temporary, I would think.

Pinguinite posted on 2020-03-25 22:22:56   Reply   Private Reply

#2: Esso    To: Pinguinite (#1)

In which case the stock rise is extremely temporary, I would think.

That's my guess too. I don't know much about bonds and hedging strategies though. My intuition is that what we've seen over the last two days is probably nothing more than a dead-cat bounce.

More emotion based than technical. Fundamentals haven't meant much, probably dating back to 9-11, or the last crash in 2008.

"Time has little to do with infinity and jelly donuts."

Esso posted on 2020-03-25 22:33:07   Reply   Private Reply

#3: Lod    To: Esso (#2)

"Time has little to do with infinity and jelly donuts Big Macs."

Lod posted on 2020-03-25 23:16:13   Reply   Private Reply