Interest Rates Are Heading Up..No, Wait, They are going Back Down, No,

Chris B Johnson, REALTOR®, SFR®, CDPE®, CHS®      

Neighborhood Market Report

Interest Rates Remain Stable "Markets had little doubt that the Fed would leave the funds rate unchanged at last Wednesday's meeting—futures markets implied only about a 5 percent chance of an increase before the announcement," wrote Pandl and Struyven. "Yet the decision was clearly a major dovish (no inflation on the horizon) surprise for markets, with interest rates declining across the curve and the dollar falling against other developed market currencies."

.....and, The world’s biggest bond dealers are getting saddled with Treasuries they can’t seem to easily get rid of, adding to evidence of cracks in the $13.3 trillion market for U.S. government debt.

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