Yields on both the one-month and three-month Treasury bills dipped below zero Wednesday
, a week and a half after the Federal Reserve cuts its benchmark rate to near-zero and as investors have flocked to the safety of fixed income amid general market turmoil.
In Germany, the move was even more prevalent, with all government fixed income instruments except the 30-year bond carrying rates below zero.for exclusive insights and analysis, and live business day programming from around the world.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields rise as investors hold out for stimulus billU.S. government debt prices edged lower Tuesday morning as negotiations continue in Washington over a massive fiscal stimulus package to combat the coronavirus pandemic.
Read more »
Merkel's initial coronavirus test came back negative: spokesmanGerman Chancellor Angela Merkel’s initial coronavirus test came back negative, a government spokesman said, adding that 'further tests will follow'
Read more »
Charles Barkley Tests Negative For Coronavirus After ScareGreat news for the NBA legend.
Read more »
30 Years Later, 'Pretty Woman' Is So Much More Than A Guilty Pleasure'Pretty Woman' got some VERY negative reviews when it hit theaters in 1990. With Writing Critics' Wrongs, we're giving the classic rom-com a fresh look.
Read more »
Trump responds to Mitt Romney testing negative for the coronavirus, saying he is 'so happy I can barely speak' before trashing his political careerThe Utah senator announced Tuesday that he had tested negative for COVID-19, but will remain isolated for two weeks.
Read more »