The US Treasury Market Is Facing A Train Wreck (will T-bill rates will be negative for a significant period?)

 https://confoundedinterest.net/2020/12/13/the-us-treasury-market-is-facing-a-train-wreck/

 

 Given what we know today about the US government’s likely spending over the next several months and its cash on hand, it is possible, even likely, that Treasury bill rates will be negative for a significant period of time. Other key interest rates, such as SOFR, the new lending benchmark, could well follow T-bills into negative territory.