Treasury Sells 3-Month Bills At 0% Yield For First Time Ever
[{"id": "cvpj4aa", "text": "can someone eli5 who buys 3 month treasuries at 0 percent?  what is the point of that?  ", "replies": [{"id": "cvplfp4", "text": "Having lots of money and wanting to keep it safe (in other words, not lose it). ", "replies": [], "depth": 2}, {"id": "cvpm1ab", "text": "Some funds are required by law to have short term \"safe\" e.g. govt, investments.... Return=0 or not", "replies": [], "depth": 2}, {"id": "cvpq0bk", "text": "My thoughts exactly.  Although, I'd assume (and we all know the saying about assumptions), someone really concerned about short term market volatility.", "replies": [], "depth": 2}], "depth": 1}]