A Novel Approach to Debt Management
Dec 23rd, 2008 | By Richard Daughty | Category: Financial NewsI thought I was dreaming when I read on Bloomberg.com that short-term Treasuries rose in market value as buyers rushed to buy them, thus “pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid the worst financial crisis since the Great Depression.”