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A comment on 3 month t-bill yield 0,02% - maybe traded negative. Parent comment

Re:3 month t-bill yield 0,02% - maybe traded negative by quasimojo on Thursday September 18, 2008 @12:15PM (#308302)
The people buying the T-Bills are well above the $100k FDIC limit

dude, it is an utter triviality to spread your money in cash-equivalent 100k increment accounts, brokerages do this all the time. no one takes a loss on treasuries because they have $100k + n in their account. the eight people who upmodded you have simply never had to perform this trivial transaction

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Re:3 month t-bill yield 0,02% - maybe traded negative by micks56 on Thursday September 18, 2008 @02:29PM (#308415)
Yes, it would be trivial for me to spread a few hundred thousand around a few banks so that I could be within the FDIC limit. What is not trivial is a brokerage spreading around $50MM across 500+ banks.

What I was trying to explain is that the people buying the T-Bills aren't individuals looking to put their money some place safe. These are large institutional investors looking to park millions (hundreds of millions?) of dollars in a safe place till they can figure out what to do.

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