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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: lizgdal ✶☼  😊 😞
Number: of 4582 
Subject: Re: Treasury Bond Yields Tank
Date: 04/21/23 8:01 PM
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The yield on the 1-Month Treasury Bill has dropped like a rock from a recent peak of 4.74% March 30th down to 3.36% today. All other Treasury yields are up slightly this month. (The 2-Month increased from 4.79% to 4.98%. The 10-year increased from 3.43% to 3.57%. A year ago, the 1-Month Treasury Bill yield was 0.50%.)

The total bids tendered did not change much, but the bids were much lower. Some competitive bids were 0%. Somebody needed 1-Month bills.

      auction       13-Apr  20-Apr
  accepted [$B]       61      51
bids tendered [$B]    186     152
  InvestmentRate    4.11%   3.25%
    MedianRate      3.97%   3.00%
      LowRate       3.50%   0.00%

treasurydirect.gov: PDF document
treasurydirect.gov: PDF document
treasurydirect.gov - Announcement results press releases
wolfstreet.com - Short end of the treasury market goes totally nuts doubts creep in over debt ceiling
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