Green Man! 3M Treasury Yield Declines To 0.15%, Residential Construction Spending Rises In March (Gold, Silver, Ethereum Rise)

by confoundedinterest17

Today’s 3-month Treasury auction revealed an even lower 3M high yield rate than the previous auction. The 3M high yield was 0.015%.

The ultra-low yield comes after The Fed increased their Treasury bill holdings in late 2019 and early 2020. And Powell’s dismissal of any slowdown of Fed monetary easing.

READ  U.S Treasury In Danger of Defaulting this Summer.

On a different note, nonresidential construction spending fell in March by -1.1% while residential construction spending rose 1.7% from February.

READ  Grocery Prices Up Steeply From Same Time Last Year… Lumber is now Luxury... Treasury Sec Yellen backtracks after telling truth about economy

Printing a ton of money helped residential construction spending.

Gold, silver, Ethereum rise as Fed’s Powell signals resistance to slowing monetary easing.

Powell is Green Man! Printing up the greenbacks.




Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.