Yields on both the 1-month and 3-month Treasury bills fell
below zero yesterday, marking the first time that happened since 2015,
when both bills briefly flashed red and yields fell to minus 0.002%.
However, the readings on Wednesday were well below
those, with the one-month traded at minus 0.053% and the three-month at
minus 0.033%.
Japan and large swaths of Europe have had
negative-yielding debt for some time now (in Germany all government
fixed-income instruments except the 30-year bond carry rates below
zero).
https://seekingalpha.com/news/3555359-sub-zero-1-month-and-3-month-treasury-yields
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