US Sells Treasury Bills At 0% For The First Time Since The Covid Crash

Source: https://www.zerohedge.com/markets/us-sells-treasury-bills-0-first-time-covid-crash
Published: Apr 29, 2021
Author: Tyler Durden
Post Date: 2021-04-29 17:00:12 by Horse
Views: 134

The Treasury just sold $40BN in 4-week bills at a price of 100.000% representing a rate of 0.00%.

Poster Comment:

This should not be good for the US dollar making imports more expensive.

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#1: Dakmar    To: Horse (#0)

As a very amateur investor, I have to ask, is the return rate expected to rise at some point or is this just a hedge against the dollar being dragged kicking and screaming into some sort of hellish form of liability?

Dakmar posted on 2021-04-29 18:16:20   Reply   Private Reply

#2: Esso    To: Dakmar, 4um (#1)

That's a good question, Dakkie. I have no clue what to tell you.

Esso posted on 2021-04-29 19:03:10   Reply   Private Reply

#3: Dakmar    To: Esso (#2)

Then offer me a beer, FWer! :) (frank burns eats worms)

Dakmar posted on 2021-04-29 19:09:28   Reply   Private Reply

#4: Esso    To: Dakmar (#3)

Henry Blake and Sherman Potter weren't exactly your typical Cols. FWIW.

They listened.

Esso posted on 2021-04-29 19:15:45   Reply   Private Reply

#5: Dakmar    To: Esso (#4)

You are just a hater! Reality is the fiction we want it to be, or something.

Dakmar posted on 2021-04-29 19:18:32   Reply   Private Reply