Treasury Bills at negative rates now (real estate, debt, mortgage, buy)
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snippet:
"Treasuries rose, pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid the worst financial crisis since the Great Depression."
"Treasuries rose, pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid the worst financial crisis since the Great Depression."
Always happens that way...the more demand for 'em, the less interest they pay.
It's more a commentary on all the other investments, the ones people are fleeing - stocks, corporate bonds, muni's, futures, real estate, even cash.
What's beginning to worry me is, what happens when the US gubmint defaults on its debt??? (Don't say it can't happen!).
I am just curious how Obama plans to "spend" with the gov so close to defaulting then its probably ever been...
Oh pulease! Can you NOT SEE the COLOSSAL mess your guy has left us in? I have ZERO patience for any fool who would criticize Obama at this point, and even less for a Bush supporter.
And even as THE TITANIC SINKS, you want to defend the idiocy of the COC. Amazing.
Well, regardless of who's responsible for the mess, (we don't need to even go there) does it seem rational to come into the mess with a bunch of plans and feel-good programs that will cost trillions?
Of course it doesn't. And that's why, one by one, he's dismantling all those warm and fuzzy promises he used to convince you boneheads to elect him.
Alright folks! I just want to remind you to read this https://www.city-data.com/forum/busin...cal-posts.html
That means you keep politics out of this forum.
Please keep this thread on topic about the treasury bills. I don't ever remember them paying in the negative before now. Strange, but maybe it's just an odd thing that will change tomorrow.
I don't ever remember them paying in the negative before now. Strange, but maybe it's just an odd thing that will change tomorrow.
The reason for the low/negative rate is that everybody is putting their money into money market and similar funds to keep it safe....and those funds are safe because they put all of their money into treasuries.
You and I as individuals wouldn't buy Treasuries with no interest or negative interest, but most of us are ignorant enough to keep our money in a MM fund that is required by its charter to do so. The problem won't go away until people get confident enough to put their money into other investments.
wish i could get a mortgage at a negative rate....
could pay itself off in no time.....
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