This would have to be a significant positive for gold....imo
http://www.bloomberg.com/news/artic...nflux-that-s-wreaking-havoc-in-treasury-bills
For all the anxiety over the global selloff in bonds, the big worry in money markets is the havoc being created by a dearth of U.S. Treasury bills.
The magnitude of the problem was on display last week, when not even the Treasury Department’s surprise announcement to boost sales could do much to lift bill rates. Over the past two weeks, some of those rates have turned negative, reaching levels last seen during the financial crisis.
“You have all this money that wants to be in liquid, safe assets that is overwhelming the supply,” said Alex Roever, the Chicago-based head of U.S. interest-rate strategy at JPMorgan.
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$900B Influx Wreaking Havoc in U.S. Bills
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Dusko Ljubojevic, MD
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