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Economic News, Data and Analysis

Interest Rates at Recod Lows

Key interest rates have hit record lows, going below 1%. I almost wish I had a mortgage so that I could refinince…

Virus Targeting Banks (washingtonpost.com)
T-bill rates fell. The discount rate on three-month Treasury bills auctioned yesterday fell to 1.005 percent, the lowest level since July 28, 1958, from 1.11 percent last week. Rates on six-month bills fell to 0.98 percent, the lowest level since the government began selling these bills on a regular basis in 1958, from 1.095 percent.

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Filed under: Data, Economics, Economy, Monetary Policy

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