“Interest rates on Treasury bills this morning: incredibly low on one-month, negative on three-month bills. This didn’t even happen in the Great Depression.
“Professionally, I’m fascinated. As a citizen, I’m terrified.”
3 thoughts on “Best line this morning”
Comments are closed.
Krugman later corrected himself that the color of the yield was red (indicating a negative yield) by mistake. But the yield did go to 0.01%, an impressive return!! One wag compared this to the underside of your mattress!
Is this a great country or what?
NewMexiKen – wherefore art thou?
You on vacation or something? Did you bring me wine?