What is this item about?On how interest rates are surging higher and threatening to the United States economic recovery. This news article states the treasury yields and mortgage rates reached four months higher yesterday. Why did you choose it? i choose this article becuase its intresting to see intrests rates go up on housing. Do you agree with what's happening in the news item you chose? Why or why not? Well i dont agree with whats going on, i feel that if these iontrests rates keep going up the bond sellers are going to go out of business.Do you think the information has been presented fairly? Why or why not? I feel that the information in this article was prersented fairly, a little more inside information would have been good.Due to the rates going up stated in the news article quote(The market has built an expectation that the Fed will step in and buy more Treasuries and expand its program to support the markets)not rely on this program, just drop intrests rate it can fix the problem. Would you use this news source again?yes
http://moneynews.newsmax.com/economy/interest_rates/2009/05/28/219018.html
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Julian, I agree that this was a really technical article probably for fairly sophisticated investors. If it makes you feel any better, there was stuff I didn't get either.
ReplyDeleteGrade: 10/10