last one from Bloomberg it appears everone wants T-bills in fact maybe starting to see a shortage?
“Meanwhile, last week saw a record volume ($60 billion) of one- month bills come up for auction. The prior week saw an awarded yield of 0.03%, which isn’t great but is still better than negative. So what was demand like for Thursday’s massive offering? Well, the bid/cover ratio tells the story — despite the massive size of the auction, investors showed up in record volumes to buy four-week paper at par. (The bid/cover ratio was not a record, but applying it to the auction size produces a total bid size of $284 billion.)”