"Huge Wave of Panic" Hits Money Markets as T-Bill Rates Near Zero

"Huge Wave of Panic" Hits Money Markets as T-Bill Rates Near Zerohttp://www.mortgagenewsdaily.com/09172008_huge_wave_of_panic.aspA spectacular loss of confidence in the safety of financial assets is creating an unprecedented event that strategists are calling " a huge wave of panic ." Three-month U.S. T-bills are yielding 0.0304%, down from 1.50% on Monday as investorsenCommunityServer 2008 SP2 (Build: 31106.96)re: "Huge Wave of Panic" Hits Money Markets as T-Bill Rates Near Zerohttp://www.mortgagenewsdaily.com/09172008_huge_wave_of_panic.asp#17325Wed, 17 Sep 2008 23:31:37 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:17325Darrin Neu<p>What a total mess.</p> <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=17325" width="1" height="1">