Three-Month T-Bill Hits 2.8%

I’m amazed at the plunge in Treasury yields. The three-month T-Bill rate touched 2.8% this morning. We’re approaching the low of 2.40 from August. I don’t see how the Fed can keep rates so far above the market. Something has to give.

Posted by on November 29th, 2007 at 12:46 pm

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