大家要存CD的，赶快。利率越来越低# Stock
h*7
1 楼
现在大机构持有大量Cash，Deposit 到Bank，今天已经有银行开始要Charge Fee了。
Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
On Deposits
The stunner in this morning's newsflow (the long, long overdue market
collapse which is a much needed catalyst for QE3 should not surprise anyone)
, comes out of the WSJ which has just reported that the Bank of New York has
informed institutional clients it will begin charging a fee of 13 bps on
deposits in excess of 110% of the client's monthly average. This is nothing
short of outright terrorism to get everyone out of cash and into fiat-based
ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
the 3 Month bill just hit zero. But you ain't seen nothing yet. As Credit
Suisse strategist Ira Jersey reports, courtesy of Bloomberg, "If this is
true then we’re likely to see short-end interest rates actually go negative
. By what degree depends on who else follows and how much money is involved.
" Cue unpredictable consequences of a totally broken bond market. What
happens next will likely make the market dislocations following Lehman like
a breezy walk in the park
Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
On Deposits
The stunner in this morning's newsflow (the long, long overdue market
collapse which is a much needed catalyst for QE3 should not surprise anyone)
, comes out of the WSJ which has just reported that the Bank of New York has
informed institutional clients it will begin charging a fee of 13 bps on
deposits in excess of 110% of the client's monthly average. This is nothing
short of outright terrorism to get everyone out of cash and into fiat-based
ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
the 3 Month bill just hit zero. But you ain't seen nothing yet. As Credit
Suisse strategist Ira Jersey reports, courtesy of Bloomberg, "If this is
true then we’re likely to see short-end interest rates actually go negative
. By what degree depends on who else follows and how much money is involved.
" Cue unpredictable consequences of a totally broken bond market. What
happens next will likely make the market dislocations following Lehman like
a breezy walk in the park
