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Market Currents

Wednesday, November 4, 2009
2:36 PM TweetThis
  • Longer-term Treasurys are sinking in the wake of the Fed statement: 30-year yield now +0.08 to 4.41%; 10-year +0.08 to 3.55%; 5-year +0.05 to 2.4%. Dollar moves lower against a few partners: now -0.9% against euro, -0.9% against pound, -1% against Swiss franc, +0.7% against yen.
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This news story has 2 comments:

  •  
    WONDERFUL. Lower rates for promiscuous borrowers and folks who already have run up too much credit card debt. HIGHER rates for companies borrowing long term to develop new products and technologies. All praise and worship the Fed and the Manchild.
    Nov 04 03:17 PM | Link | Reply
  •  
    I bet mortgage rates are up a percentage point by the end of next week...
    Nov 04 03:44 PM | Link | Reply
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