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The article is about Treasury bonds (maturities of 20-30 years), not Treasury notes (maturities of 2-10 years) or bills (maturities <= 1 year). You're holding
by nostrademons 3y ago
The article is about Treasury bonds (maturities of 20-30 years), not Treasury notes (maturities of 2-10 years) or bills (maturities <= 1 year). You're holding Treasury bills. This is a technicality, but one that matters in the context of the article and this comment thread. The article's saying that investors are dumping Treasury bonds (long-term securities) for Treasury bills (short-term securities) which pay higher interest rates at lower risk levels. Your post is corroborating it.