As investors seek 'liquid, safe' assets, demand for Treasury bills far outstrips supply.

Floating-rate Treasury notes remain in high demand as investors expect interest rates to rise, and soon.

At close of Q1, financing cost more relative to unsecured lending than at any other time since October 2012, but rate swing is expected to be temporary.

At close of Q1, financing cost more relative to unsecured lending than at any other time since October 2012, but rate swing is expected to be temporary.

Indicators suggest the markets for money funds, repo agreements, and commercial paper may finally be bottoming out.

Indicators suggest the markets for money funds, repo agreements, and commercial paper may finally be bottoming out.

In Q4, currency volatility subtracted $18.7B from U.S. earnings.

In Q4, currency volatility subtracted $18.7B from U.S. earnings.