The yield on T Bills actually touched zero percent today.
This is consistent with institutions looking for any place to park money while things sort themselves out. Getting a return is probably a secondary issue. This is generally referred to as a flight to quality.
Graph from finance.yahoo.com. The current quote is here.
HT: My colleague Bart.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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