Treasury Bill Yields Turn Negative as Fed Leaves Rates Unchanged

  • Yields fall as investors have `thrown in the towel' after Fed
  • Demand surges as Treasury pays down maturing $35 billion bill

Most Important Two Minutes of the Fed News Conference

Yields on U.S. Treasury bills fell below zero as an influx of cash and pent-up appetite for safe assets led investors to accept negative returns after the Federal Reserve decided not to raise its short-term interest rate.

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