fatpitch2

Why Buy T-Bills Now?

"Interesting observations on zero yield 3mo T-bill and prices of crude/gold. No explanation can satisfy me on the -0.05% 3mo rate 2 days ago...makes no sense at all. "

This made no sense to me either until I heard a good explanation... as follows:

If you have $10K you COULD and perhaps should just stuff it in a safe deposit box or a mattress. BUT if you have $10M or $10B to roll over as, for example, sovereign wealth funds and other "big" players have to do ... you can't really "stick it in the mattress"... you have to do something "digital" with it....

Other that this ... I can offer no explanation either...