US Treasuries: 1 Month Bill Prices At 0.000% !

If you understand what is going on and do nothing about it, then you deserve to lose everything!


(Click on image to enlarge.)

us-treasuries-1-month-bill-prices-at-0000-percent

Welcome to ACME bond auctions. This is the world of looney tunes where Tim and Ben, the rescue rangers, run the printing press and the toilet paper issuance facility.

Also, do primary dealers feel like 0.000% is an attractive rate all of a sudden? $102 billion tendered. Hmm, who’d a thunk it.

Submitted by Tyler Durden on 12/08/2009 15:14 -0500

Source: ZeroHedge

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