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Monday, May 11, 2015

The $900 Billion Influx That’s Wreaking Havoc in U.S. Bills

http://www.bloomberg.com/news/articles/2015-05-11/the-900-billion-influx-that-s-wreaking-havoc-in-treasury-bills

For all the anxiety over the global selloff in bonds, the big worry in money markets is the havoc being created by a dearth of U.S. Treasury bills.
The magnitude of the problem was on display last week, when not even the Treasury Department’s surprise announcement to boost sales could do much to lift bill rates. Over the past two weeks, some of those rates have turned negative, reaching levels last seen during the financial crisis.

Cash supply is getting tight folks...



Hence the reason for all the " Cashless "  society bullshit talk  taking place. Its easier for them to just hit the key board 0000111000111 you know ...money.

Not.

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