Fed puzzled by rising yield curve

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18,449
Location
East of IGO
When poop hits the fan it splatters all over. I really doubt it matters to then. They have a mission that doesn't include us. Seems to tie in with the surprised word used so often about the problems arising.
 
Messages
22,188
Location
Colorado Springs
If they're puzzled why US bond interest rates are rising, when the US government is burrowing and printing money and record levels, and it's creditors are worried about our credit worthiness, then they must really have their heads up their asses! Perhaps Bernakne and company should open a credit card account and not pay the bill one month and see what happens to the interest rate. Idiots.
 
Messages
139
Location
So. Cal
The press and media is always looking for the new bogeyman... Just as investors sought a safe haven in US Treasuries during the market melt down last fall, investors are now selling the same treasuries and redistributing the money in other safe assets along with riskier equities. The interest rate on the 10yr US Treasury Note has risen from a record low of 2% in December to 3.5% now reflecting the current sell off. The 10 yr. Treasury is still below it's historical interest rate. The Chinese still claim that US Treasuries are the best game in town. Only time will tell if the Fed's quantitative easing program will work keeping both short term and mortgage interest rates low during this recession. Perma-bear Peter Schiff is predicting Gold above $1500 oz with severe inflation and a stock market in the toilet. His prediction may come true in couple years if current government spending and monetary policy continues at its present course.
 
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