Negative rates come to the US: 1-month and 3-month Treasury bill yields are now negative

submitted by Drewski from cnbc.com

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[–]la_cues 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

My real knowledge of how this impacts economics is limited, but I'm pretty sure it's on par with an economicapocalypse .

It's ok, govt intervention will put a bandaid on this that will hold for 10 years (?) until the puss and blood seeps through, ruining the sticky part of the bandaid, so it falls off exposing the gangrene.

[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

10 years seems quite optimistic to me, they've been putting on bandaids for quite some time and I'm not sure they will hold for that long.