Sunday, December 14, 2008

o 3-month U.S. Treasury Rates Go to Zero

A zero interest rate means investors are locking up their money for free, i.e. no returns for putting your money away for 3-months. Its an indicator of how skeptical and afraid people are to risk their capital in anything but the safest investments. Literally, you might as well put your money under the mattress than earn a 0.00% interest rate.

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