Posts Tagged ‘General Mills’


Read My Lips: Inflation, Not Deflation is the Fear

Yesterday  the Treasury sold $10 billion of 5-year inflation-protected securities, or TIPS, at  auction. Something extraordinary happened which has never happened before. They were sold  with a yield of negative 0.55 percent.  Yes, a negative yield. Investors were willing to pay the Treasury 105 cents in order to buy $1 of inflation protection. This means the public […]

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