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zero interest bonds
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clams_casino
Dec 10, 2008, 2:23:30 PM12/10/08
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Seems like a great way for the government to reduce interest on debt -
Maybe they should sell a $T at zero interest.
Maybe they should sell a $T at zero interest.
"the Treasury auctioned $30 billion worth of 28-day bills Tuesday at a
yield of 0%, after receiving $126 billion in open interest. The yield on
the 3-month bill dipped as low as -0.2% Tuesday before closing above 0%."
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