tag:blogger.com,1999:blog-8305505968390768234.post7235489337137825390..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: Pop Quizfdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8305505968390768234.post-25683712150349611872010-01-27T16:06:16.251-05:002010-01-27T16:06:16.251-05:00The bottem is the graph of the 13 week treasury yi...The bottem is the graph of the 13 week treasury yield. <br /><br /> It is near zero, meaning people are keeping their money in treasuries and not in the banks or elsewhere. <br /><br /> This is a modern day bank run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-41339195854600829412010-01-27T15:19:43.819-05:002010-01-27T15:19:43.819-05:00The bottom looks like short term treasury rates.The bottom looks like short term treasury rates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-76134042014316722792010-01-27T13:03:06.791-05:002010-01-27T13:03:06.791-05:00Money Market RunsMoney Market RunsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-33941121223126102912010-01-27T12:38:59.412-05:002010-01-27T12:38:59.412-05:00Ran across this today FDR at Market Ticker. I gue...Ran across this today FDR at Market Ticker. I guess it is now legal for money market funds to halt redemptions.<br /><br />I"n a nearly unanimous vote, Money Market Funds now have the ability to suspend redemptions, courtesy of the SEC's just passed 4-1 vote. This explains the negative rate on bills: at this point, should there be another meltdown, money market investors will not, repeat not, be able to withdraw their money purely on the whim of Mary Schapiro. As the SEC noted: "We understand that suspending redemptions may impose hardships on investors who rely on their ability to redeem shares." Too bad investors' hardships considerations ended up being completely irrelevant."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-7491194848813522612010-01-27T11:23:12.529-05:002010-01-27T11:23:12.529-05:00Don't forget: 'Attention depositors! You...Don't forget: 'Attention depositors! Your money is no longer redeemable in specie. Anybody with metal in their deposit boxes must turn them in to this nice G-man.'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-1404180751541824582010-01-27T10:26:11.281-05:002010-01-27T10:26:11.281-05:00I second that.I second that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-67554914254279793562010-01-27T08:22:30.122-05:002010-01-27T08:22:30.122-05:00Ok , i will step up and be the newbie and say i un...Ok , i will step up and be the newbie and say i understand the photo, but not the chart ?Anonymousnoreply@blogger.com