By Thorsten Polleit
Because government monetary authorities have been interfering with interest rates for decades, investors have no more confidence in the bond markets, as they expect more interference and more unpredictability.
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By Thorsten Polleit
Because government monetary authorities have been interfering with interest rates for decades, investors have no more confidence in the bond markets, as they expect more interference and more unpredictability.
I loved it when the Fed used bank reserves to prop up bond prices and drove interest rates to zero!
That is how I got my 2.5% APR fixed 30 year mortgage!!
And here we are paying 2.8% like suckers!