Mom-and-pop mortgage holders aren't the only ones who like to take advantage of low rates by refinancing. The month isn't over yet, but corporations have issued about $120B in debt, the busiest August since Dealogic began compiling records in 1995. The question is whether corporate treasurers (often good at timing) are signalling a bottom in interest rates. [View news story]
I am a novice investor, frustrated by the obvious gaming of the system by the institutional and investment banks, which is almost forcing everyone to become a trader in order to survive.
Mom-and-pop mortgage holders aren't the only ones who like to take advantage of low rates by refinancing. The month isn't over yet, but corporations have issued about $120B in debt, the busiest August since Dealogic began compiling records in 1995. The question is whether corporate treasurers (often good at timing) are signalling a bottom in interest rates. [View news story]