No Need To Pay Up For Safety

By IndexUniverse July 10, 2012, 07:13:44 PM EDT

I'll explain, but first a bit of background.

The perceived risk of Spain and much of Europe collapsing has resulted in a rush toward liquid assets deemed to be bastions of safety-namely short-term debt of safer countries like the U.S., Germany and the Netherlands.

It's time to add France to that list.

For the first time, 13- and 24-week French Treasury bills sold at negative yields.

This means that investors offered to pay more money today than they will receive in three or six months from the French government. This surprising turn of events brings to four the number of European countries whose T-bills have negative yields:Austria, Germany, Netherlands and now France.

3-Month Sovereign Curves Don't forget to check IndexUniverse.com's ETF Data section.

Copyright ® 2012 IndexUniverse LLC . All Rights Reserved.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, ETFs

Referenced Stocks: BIL, BSCC, BSCD, MINT



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