To: Rarebird who wrote (23028) | 8/2/2024 7:17:29 PM | From: Rarebird | | | USA may already be in a recession. The consumer is spent out and in over its head in debt. If you listen to company conference calls, like I do, you will hear this recurrent theme from most companies. |
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To: Investor2 who wrote (22981) | 8/2/2024 10:16:26 PM | From: Rarebird | | | I went on the Schwab web site to place a order for a 6 month T-Bill and I get this message before I make the trade:
" It is possible that rates on Treasury securities purchased at auction could be negative resulting in a loss to you."
How is that possible if I am buying a 6 month T-Bill?
What on earth can that mean? It only makes sense if rates are at Zero or negative, which they are not at the present time? |
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To: Rarebird who wrote (23035) | 8/2/2024 10:53:46 PM | From: Investor2 | | | I just put in a bid for a small 6-month T-Bill at auction on the Schwab web site. I didn't see anything unusual.
"Buy at Auction $10,000 US Treasury BILL 02/06/2025 @ Market, Day Only"
I2 |
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