Federal Reserve Has No Control
When it comes to interest rates, the Federal Reserve is fairly irrelevant. All it does is adjust its rates to those set by the market. If you plot the yield on T-bills against the discount rate, you...
View ArticleThe Latest On The Bond Market
Below is a copy of some data I received from a bond market data service I use that reports bond market news several times daily. It helps me get a gauge on which way interest rates may go for the day...
View ArticleChristmas 2012 Rhyme
Bernanke the Red-Nosed Fed chairman, Had a very shiny nose. And if you ever saw it, You would even say it glows. All of the other Fed chairman, Used to laugh and call him names. They never let poor...
View ArticleInterest Rates Up Again… a Lot!
Interest rates are now up about 1% from their rock bottom lows of a few months ago. The inevitable interest rate increase from all-time lows is continuing. Investors have continued to sell stocks and...
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