short term bonds

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Jittery About Loss, Investors Stuff Cash In 0% T-Bills

Willing to take nothing for their money

(Newser) - The results of yesterday’s short-term bond auction were staggering. Investors snapped up $30 billion worth of Treasuries at a 0% yield—essentially lending the government money for free, the New York Times reports. Earlier, some investors even accepted a negative yield to park their cash in three-month Treasury bills.... More »

States Warn Feds They May Ask for Cash, Too

Deficits and tight credit may force states to beg for Treasury dollars

(Newser) - The credit crisis is threatening states with budget shortfalls, and they could be the next group seeking a federal bailout, the Christian Science Monitor reports. California, looking at a $7 billion deficit, has informed the Treasury that it could come calling. States take loans to cover lean times, in the... More »

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