Negative Interest Rates Are Here

[g5000]

Something I considered an impossibility eight years ago.

Negative rates come to the US: 1-month and 3-month Treasury bill yields are now below zero

Yields on both the 1-month and 3-month Treasury bills dipped below zero Wednesday

www.cnbc.com

“This is part and parcel of the whole flight to quality thing,” said Kim Rupert, managing director of global fixed income at Action Economics. “They’re obviously the most liquid instrument. We saw a lot of selling pressure a few days ago when everyone was selling everything to get cash. But with all the plans the Fed has introduced, the bill market is much safer.”

The U.S. now joins large swaths of Europe and Japan that also have negative-yielding debt.


And to think the Fed is fixin' to print even more money to buy corporate bond ETFs and your mortgage!

Happy time!

 

[g5000]

Fed announces unlimited purchases of MBS and Treasuries, adds multifamily mortgages

The Fed announced it will buy unlimited amounts of Treasuries and agency mortgages to grease the wheels of the credit markets.

www.housingwire.com

Multifamily = Apartments

Your slumlord's mortgage is being picked up by the Fed!

"What kind of program is this?"

Happy time!

 

[eagle1462010]

So we have to pay them to borrow money that they borrow to pay back with interest with more borrowed money that pays them a dividend on Fake Currency the instant it's borrowed.

So our borrowing is on borrowed time....

OK GOT IT.

 

[Dick Foster]

Something I considered an impossibility eight years ago.

Negative rates come to the US: 1-month and 3-month Treasury bill yields are now below zero

Yields on both the 1-month and 3-month Treasury bills dipped below zero Wednesday

www.cnbc.com

“This is part and parcel of the whole flight to quality thing,” said Kim Rupert, managing director of global fixed income at Action Economics. “They’re obviously the most liquid instrument. We saw a lot of selling pressure a few days ago when everyone was selling everything to get cash. But with all the plans the Fed has introduced, the bill market is much safer.”

The U.S. now joins large swaths of Europe and Japan that also have negative-yielding debt.


And to think the Fed is fixin' to print even more money to buy corporate bond ETFs and your mortgage!

Happy time!

An absurdity to be sure and a sure sign of mass insanity and a gubberment run amok.

 

[Natural Citizen]