On the bond market, the rebellion
US Treasury bond market reaction to the Fed QE policy and budget proposal of the date of entry into force of this shame is a quick and severe. I have a picture of it for you here.
That is the market thinks of Ben Bernanke's plan to step up inflation but hold the Treasury yields.
The oval Show today on the bond market reaction to the deficit, which no doubt Bernanke as part of the money and the QE QE III (IV) when his face his palace blows up in this round, "quantitative kuljete".
A conforming mortgages went to 4.50% to 4.00% in the last few weeks. This does not help at all in the housing or the economy.
Jumbo mortgage rates have been transferred to the 5.00% 5.375% during the last two weeks, in particular.
Interest rates are very historically means, but we can see exactly what happen if the huge deficits, high unemployment and a weak dollar is not dealt with soon to be FED, Congress, and ultimately the American people. On the bond market does not like tax cuts: Mortgage Rates Spike
No comments:
Post a Comment