Yields on both the one-month and three-month Treasury bills dipped below zero Wednesday
, a week and a half after the Federal Reserve cuts its benchmark rate to near-zero and as investors have flocked to the safety of fixed income amid general market turmoil.
In Germany, the move was even more prevalent, with all government fixed income instruments except the 30-year bond carrying rates below zero.for exclusive insights and analysis, and live business day programming from around the world.
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