0% Interest Rate Monetary Policy

U.S Treasury Bonds maturing in 3 months have a yield of .01%, effectively 0% interest.  The U.S. Government needs to raise trillions of dollars but the cost of borrowing is nearly zero… for now.  The Bond Market is being duped.  The market perceives the environment to be deflationary and that perception will cost them much … Continue reading 0% Interest Rate Monetary Policy