Relevant:
- Bill Gross: Fed's 'Hot Air' Will Keep Bond Bubble Aloft
- Fed Losing Control: 100% Proof That A Massive Economic Meltdown Is Closer Than You Think
- U.S. Bond Sentiment Is Worst Since Disastrous '09
- Dow falls 200 points, unable to shake its worst losing streak in a year
- Fed Undertakes QE3 With $40 Billion Monthly MBS Purchases
2008-12-12 — financialsense.com
"According to data compiled by Bloomberg, 41 U.S. money market funds have daily annualized yields at or less than .05% including four funds with a yield of zero. If one needed more evidence of this epic bubble, you could find it in the fact that a 2-year Treasury note yields just .8% and a 1 year bill offers a paltry .45% as of today’s trading."
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