June 26, 2011
THERE IS ONLY ONE SAFE HARBOR:
Investors Pay for Safety of U.S. Debt (CYNTHIA LIN, 6/26/11, WSJ)
Investors seeking shelter from the euro-zone debt crisis are pushing safe-harbor Treasury-bill yields so low that they are lending to the U.S. government for free, or even paying a small fee to do so.
Given the deflationary epoch it's still a good return.
Posted by oj at June 26, 2011 1:35 PM
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