The Latest Bubble

US Treasuries Bills are the latest bubble. The yield on the 3 month T-Bill is now only one basis point!

If you invest $100,000 in 3 months T-bills and roll them over four times at this yield your annual return is only $10. Even if you invest $10 million, you would only earn $1,000 in annual interest.

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One response to “The Latest Bubble

  1. Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

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