Treasury Sells $10 Billion In 1-Month Billls With No Yield

For the fourth time in a row, the Treasury has sold off short-term bills bearing no yields at all.

It seems that with a fresh round of jitters hitting the global economy, investors are only all-too-happy to let the government have their money for free, while they wait for other opportunities.

see chart
http://www.marketwatch.com/story/treasurys-up-on-budget-freeze-plan-2010-01-26..will help understand.

Perhaps read deeper into your story with inserted links to understand more fully.
Traders Snap Up 5-Year Notes For Just 2.665% Despite Record Auction Size.
Even if called you are guaranteed growth if only short term. Something is better than nothing and not at risk. Could change in 6 months, may be another year.
Bonds had been higher earlier in the session, pushing yields down towards the lowest level in more than a month, on reports President Obama will propose a spending freeze for some federal departments.
Yields on 10-year notes (UST10Y 3.61, -0.01, -0.28%) rose 1 basis points to 3.63%. Yields move inversely to prices. A basis point is 0.01 percentage point.
Long term is ideal but the ideal time is not always at the moment "so park" then "ride later" when the climate is more ideal
This is why one has a financial advisor and long term relationship (as well) with a strong investment company that has always made you money, except in my case last year, back to earnings again "diversified". Also regained my "crash" losses by "my people" restructuring investments.
I can say I have been very satisfied considering the financial times we are in.

I only wish that those who are talking heads in the media, could be as financially informed as they are on other government issues. Listeners think of them as "know all to end all"..I listen to those I admire on other topics but must scare the Be_Jeezus out of the public without expert professionals to guide them. That's why some of these pundits are still depending on a pay check, and I am not.

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.