Archive for July, 2008
CPI Data Brings Rates Up
17 July 2008The Consumer Price Index (CPI) for June was posted showing a higher than expected level of inflationary pressure for American consumers. Rates will increase at least .375 to price as a result. The report also brings new speculation on whether or not the FOMC will increase rates at their next meeting.
Sphere: Related Content
Rates Up On GSE Concerns
14 July 2008Bonds are up today and the stock markets are down, yet rates will rise about .25 to the points today as investors react on their concern over the status of Freddie Mac and Fannie Mae, the two Government Sponsored Entities (GSE)s that have recently fallen into crisis, and have had recently received the support of [...]