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• n  a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days

• China's willingness to soak up dollars was a factor in creating financial crisis -- it kept t-bill rates (and therefore interest rates) low, and encouraged asset inflation.
• China's willingness to soak up dollars was a factor in creating financial crisis -- it kept t-bill rates (and therefore interest rates) low, and encouraged asset inflation.

• Treasury bill
• T-bill

News & Articles

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• Rates of Interest
  As the 10-year to T-bill yield curve chart makes clear, we are not in Kansas anymore. We are in Wonderland and as you can see, in Wonderland interest rates and their interrelationships are at the center of events.
  July 15, 2013 - GoldSeek.com