3-Month T-Bill Yield Plunges

The yield on the three-month Treasury bill was already extremely low, but it just got even lower. The yield has been as low as 0.035% today.

Roughly speaking, that means that for every $1 million you lend the U.S. government, they’ll pay you about 96 cents per day for your trouble.

As a general rule, a wide yield curve is very good for stocks.

Posted by on April 4th, 2011 at 10:16 am


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