http://www.nytimes.c...ysis.html?hp&_r=0
Any fears about a protracted government shutdown haven't been reflected in recent trading. This month, Treasuries are likely to post their first gain in five months as the sector recovered from its summer swoon, sparked by the Federal Reserve decision last week to maintain its bond purchase program.
Growing demand for some Treasury obligations that mature before the October 17 debt limit deadline knocked their interest rates to below zero this week. A month ago, they traded at 0.02 percent.
The yields on benchmark 10-year Treasuries have already fallen to their lowest levels in six weeks partly on safe-haven bids on bets about a possible government shutdown next week.
"Here. Take my money. I'll pay you to hold it."
I wonder what it will take for the Teabagger Fever among the Republicans to finally break, and whether it will take default by the US to start the process... :-(
Cheers,
Scott.