Financial Briefs

Breaking financial news from Wall Street to Main Street

T-bill demand ramps up on bailout plan uncertainty

Posted by financialbriefs on September 24, 2008

The 3-month Treasury bill traded at 0.45 per cent, meaning that investors in the asset were willing to take a meagre 0.45 per cent payout after three months in return for its security. That yield was down from 0.79 per cent late Tuesday and from 0.88 per cent late Monday.

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