WE NEED BETTER ECONOMICS REPORTERS

Maybe I'm missing something here but Andrew Ross Sorkin doesn't seem to grasp the relation between risk and reward when it comes to U.S. Treasury bonds: the less risk, the lower the interest rate. There's also the demand/supply curve, so when the demand for treasuries increases, the interest rate declines.
Sorkin got these relationships backwards:

...Treasury bills were trading for less than 1 percent interest, as if they were no better than cash, as if the full faith of the government had suddenly become meaningless.