Skip to content
Subscriber Only

Negative Rates on Treasury Bills Show Little Debt-Limit Concern

A slide below zero in rates on some Treasury bills that mature beyond October shows investors have little angst lawmakers may fail to agree on a debt limit.

Treasury bills that mature as soon as November traded below zero today, with the bill maturing on Nov. 29 having a negative 0.005 percent rate at 2:02 p.m. New York time. The three-month bill rate was negative 0.0051 percent, compared to 0.0152 percent yesterday. Treasury bills that mature on Oct. 24 were at a rate of 0.038 percent, up from 0.018 percent yesterday.