Wow, it’s been a while since I last posted anything new — but I am back at it!
I saw this article in the Denver press and thought that it was something worth passing along:
Interest rates to rise as QE2 ends, economist warns in Denver - Prepare for higher interest rates as the Federal Reserve ends its program of purchasing U.S. Treasurys next month, warns Wells Fargo Securities chief economist John Silvia. He predicted that Treasury rates could rise by one- half to a full percentage point but in a moderate way and not resembling the big moves seen in the 1970s.
read the article here:
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