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WEKU
WEKU
Stacey Vanek Smith

MYSTERIOUS: The bond that broke the internet | Mind Blowing Facts

The Treasury's website kept crashing as investors scrambled to buy government bonds. (Andrea Hsu)

Last week I saw a headline that stopped me in my tracks: Lowly T-Bills are Suddenly Sexy. Yes, Treasury Bills! I have never — in more than 15 years of covering business and economics — ever seen the words "sexy" and 'Treasury bills' in the same sentence.

And for good reason. In the world of investments, Treasury bills would never be considered the sexy ones. That would be tech stocks, crypto or maybe NFTs. Treasury bills would be the ones wearing sensible shoes, driving under the speed limit and shopping at Costco.

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