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Home > WTF Chart Of The Day: Debt-Ceiling-Driven Panic-Selling In T-Bills Sparks Buying Frenzy In Stocks

WTF Chart Of The Day: Debt-Ceiling-Driven Panic-Selling In T-Bills Sparks Buying Frenzy In Stocks

By Tyler Durden
Created 10/20/2015 - 09:49
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/20/2015 09:49 -0500



 

With less than 2 weeks left until the "debt ceiling accident" that Jack lew has warned about, T-Bills (maturing beyond Nov 3rd) are being dumped wholesale. Oct 29th Bills are trading -1bps but Nov 12th Bills are up 6bps at 12bps, the 1-month WI is at 16bps. Of course, equity markets will be the last to notice and algos appear to be seeing this as a panic-buying-opportunity.

 

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hhmm...

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Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-10-20/wtf-chart-day-debt-ceiling-driven-panic-selling-t-bills-sparks-buying-frenzy-stocks

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