recession: Treasuries Gain and a Drop in Home Sales Point to Rate Cut - 10/24/07 10:55 AM
Treasury two-year note yields dropped to the lowest in more than two years as losses at Merrill Lynch & Co. and a plunge in home sales increased speculation the Federal Reserve will cut interest rates next week on Halloween. The yield on the November fed funds futures contract suggests traders are (2 comments)
recession: Recession Concern Spurs U.S. Bond Rally on Fed Ease - 10/01/07 04:33 PM
For the first time since 1995, the U.S. bond market will rally on the assumption that the Federal Reserve has relegated inflation to a secondary concern because the central bank views a recession as a much greater threat to the economy. The bellwether 10-year Treasury note, which depreciated as its yield (0 comments)
recession: The worst is yet to come for the U.S. housing market - 06/20/07 08:42 AM
The jump in 30-year mortgage rates by more than a half a percentage point to 6.74 percent in the past five weeks is putting a crimp on borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified buyers. The national median home price (14 comments)
recession: The worst is yet to come for the U.S. housing market... - 06/20/07 08:40 AM
The jump in 30-year mortgage rates by more than a half a percentage point to 6.74 percent in the past five weeks is putting a crimp on borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified buyers. The national median home price (5 comments)
recession: Greenspan Says 2-to-1 Chance U.S to Avoid Recession - 05/11/07 09:37 AM
By Shamim Adam Former Federal Reserve chairman Alan Greenspan said he sees a 2-to-1 chance that the U.S. will avoid a recession even as the economy slows. ``At the moment, I still say as I said before, by algebraic implications, the odds are 2 to 1 we won't have a recession,'' Greenspan (4 comments)