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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: lizgdal   😊 😞
Number: of 555 
Subject: Re: Treasury Bond Yields Tank
Date: 05/04/2023 8:48 PM
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The strangeness continues. Today's auction of 4-week T-bills resulted in an Investment Rate of 5.964%. Last week's result was an Investment Rate of 3.905%. Over 2000 bps move in one week. Large amounts of money are sloshing around trying to find a new home. And the debt ceiling X-date is about 4 weeks away, around June 1st.

https://www.treasurydirect.gov/instit/annceresult/...
https://www.treasurydirect.gov/instit/annceresult/...
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