Remember the T-Bills are the very very short-term side. A lot of things can affect the short term side. I mean when Powell opens his mouth he moves those inte

Remember the T-Bills are the very very short-term side. A lot of things can affect the short term side. I mean when Powell opens his mouth he moves those interest rates. It's the only side of this quadrillion dollar market that they can control and manipulate. And they brag about it (the fed does) I think Buffett is a reluctant holder. I take him at his word on this. He's not some closeted "bond king" or anything... He sees the equities market as too expensive. He's been pretty consistent with that view.