M. Continuo

One-month U.S. T-bill yield turns negative

NEW YORK (Reuters) - The one-month U.S. Treasury bill yield turned negative in a safe haven bid on Monday, while signals of deflation in a factory index briefly lifted longer maturity government securities prices into positive territory.

The one-month Treasury bill yield turned slightly negative according to data from online fixed income trading platform TradeWeb, showing that investors were paying a fee to keep their money in ultra short-dated government instruments.

The 30-year Treasury bond briefly turned higher in price for a yield of 3.04 percent, versus 3.05 percent late Friday.

(Reporting by John Parry)

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