[NVDave]

Actually, you could see what they did in the market: they bought short-term T-bills. They bought them so hard, they drove the yields down to zero, and for a half day or so in October, the yields went negative.

That’s panic, that’s fear. When people who need a place to park millions don’t trust “cash equivalents” and they want the *explicit* “full faith and credit of the US Treasury” - with very high liquidity, they buy US T-bills or US Treasuries.

[razorback-bert]

Actually, you could see what they did in the market: they bought short-term T-bills. They bought them so hard, they drove the yields down to zero, and for a half day or so in October, the yields went negative.

Since, I don't pay close attention to the markets everyday, did this buy down happened the very same day?