Still watching the bond market here.
Take a look at this treasury yield curve The 3 month rate is basically 0. The real rate is negative.
I'm not quite sure why you should buy treasury bonds right now. Basically, you are paying the government for the privilege of lending them money. Flight to safety seems overdone now, but where oh where to go? More at 11.
The LIBOR / 3 month treasury spread is up up up
Yes, it really is that bad -- Worst Crisis Since 30s
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