No free liquidity...

A truly amazing time that we live in when the market has moved to the point where investors are willing to pay the Treasury to 'park' their liquidity!

Treasury May Let Investors Pay to Hold U.S. Debt

Published February 01, 2012; Reuter

The U.S. government may ask investors to pay for the privilege and safety of holding short-term debt issued by its Treasury Department.

In response to clamor from investors, the Treasury said on Wednesday it was looking closely atallowing negative-yield auctions. This would mean bidders who want the security of U.S. government debt in the face of global insecurity, might have to pay a premium for it.

Doing so would allow the U.S. government to benefit from something that is already occurring on the secondary market, where investors have accepted negative yields in recent months to protect their cash from financial strains.

Read more:

http://www.foxbusiness.com/investing/2012/02/01/treasury-may-let-investors-pay-to-hold-us-debt/print#ixzz1lADE97Da