For the first time in history, not even in 1929, $27 billion of three-month bills were sold at a discount rate of 0.005% and are now trading at negative yields. Investors will get back less than they pay for them for the security of actually being repaid. That shows real fear in the markets.
Unfortunately British Gilts are not considered such a safe bet…
The Iranian Model is Hitler | Lawrence J. Haas
No.10′s Andrew Cooper Should Look at this Poll | Douglas Carswell
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Riddled With It | Pink News
I Went Mad in the Seventies | Ken
Guy Newsroom Splits | Indy
Polly’s Voodoo Polling | UK Polling Report
Labour SpAd Backs the Bill | Mark Wallace
Guido Goes for the Lobby | Press Gazette
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Max Clifford says…
“Most people want to read nasty things about people, not nice things.”
Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?
Just a thought.
