T-Bills... 0.15% Yield... Get Some While You Can!

The Kin · Sep 23, 2008

T-Bill yields are falling fast again. I wonder why? Thankfully Hank Paulson will print more to satisfy demand!

drsteph · Sep 23, 2008

Long bond yields actually paradoxically rose as the depression went on by the way.

And yes, for my retirement acct, I paid 0.04 yield on a 90 day and was HAPPY to do it at the time. Its not about return on capital at this point - its about preservation.

G-Boa · Sep 23, 2008

"Long bond yields actually paradoxically rose as the depression went on by the way."

Combo of "didn't trust government" and "need spending cash"??

Or, alternatively, price enjoys volume and tends to seek out these levels...not so sure this logic applies to treasury market tho.

robbie380 · Sep 23, 2008

Quote from drsteph:

Long bond yields actually paradoxically rose as the depression went on by the way.

And yes, for my retirement acct, I paid 0.04 yield on a 90 day and was HAPPY to do it at the time. Its not about return on capital at this point - its about preservation.

couldn't you have just left it in cash and saved the transaction costs?

gnome · Sep 23, 2008

Quote from robbie380:

couldn't you have just left it in cash and saved the transaction costs?

"Cash" is not necessarily protected. T-Bill are the ultimate safety. If the Gummint defaults on T-Bills (aka 'refuses to print more') you paper money cash isn't worth crap.

robbie380 · Sep 23, 2008

Quote from gnome:

"Cash" is not necessarily protected. T-Bill are the ultimate safety. If the Gummint defaults on T-Bills (aka 'refuses to print more') you paper money cash isn't worth crap.

we aren't going bankrupt in 3 months

kashirin · Sep 25, 2008

how do you trade short t-bills?

I found GTB futures on Interactive brokers but apparently no trades

Surdo · Sep 25, 2008

Trade 2 YEAR notes or Fed funds.

vv111y · Sep 25, 2008

Quote from The Kin:

Hey, I have property in Canada and the Caribbean. If country collapses (which seems increasingly likely) you got to go with the flow.

It's all about diversification. Don't have all your eggs in one basket.

that's all in the western hemisphere. You're too hemispherically concentrated.
Diversify into south east Asia.