Tag Archives: treasury bonds

Federal Reserve Determined To Keep Short-Term Interest Rates Near Zero Until Unemployment Falls

The American unemployment rate is 9.8% and there is no prospect of a significant fall in that number until at least 2015. There are signs that the economy is picking up and that has driven up interest rates, which the … Continue reading

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Mortgage Rates Inch Up

They are still near record lows, which is why the number of refinance applications is high. The federal government and the Federal Reserve are massively intervening to keep interest rates as low as possible to reduce foreclosures and support home … Continue reading

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Fed Wants To Wean Housing Market Off Its Trillion-Dollar Intervention

The Federal Reserve has decided to keep interest rates at their current levels. They’re pulling back on their program to buy about $1.5 trillion in mortgage-backed securities. The Fed wants to keep mortgage rates low to keep the housing market … Continue reading

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The Fed Puts Out All Stops

The New York Times reports that the Federal Reserve will use unconventional measures to prop up the lending industry. You can get loans at low interest rates if you have superb credit, but most borrowers will have a hard time … Continue reading

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30 Yr Mortgage Rates Climb

All that government intervention into the credit market? Designed to reduce foreclosures? All this government borrowing is driving up the cost of money so 30-year rates are soaring. This despite the Federal Reserve cutting its funds rate. From SFGate.com: Mortgage … Continue reading

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30 Yr Mortgage Rates Climb

The Treasury needs to spend more money to attract loans. Bond prices have climbed. And with them long-term interest rates, despite the Federal Reserve’s cuts in the funds rate. Report: Rates on 30-year mortgages spiked this week as the tumult … Continue reading

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A Solution To The Crisis

Paul Craig Roberts writes: Readers have been pressing for a solution to the financial crisis. But first it is necessary to understand the problem. Here is the problem as I see it. If my diagnosis is correct, the solution below … Continue reading

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Ten Tips For Surviving The Crisis

From the WSJ: 1. Check that your bank accounts are federally insured. The Federal Deposit Insurance Corporation (FDIC) guarantees deposits up to $100,000 per person. The Securities Investor Protection Corporation (SIPC) guarantees you at places like Lehman Brothers, Merrill Lynch, … Continue reading

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