If the economy slows down, if housing moves back down, then at some point late in 2006 the Fed starts to lower rates. That's why a 10-year note yield at 4.55 percent is a decent value as opposed to overvalued.
if those [people] are holders of government bonds based upon a benign outlook for inflation, they had better cash some of them in, especially at today's 4.0% yield for 10-year Treasuries.
If we had to forecast (and we do), we believe a range of 3 to 4½ percent for 10-year nominal Treasuries will prevail during most of our secular timeframe,
If we had to forecast (and we do), we believe a range of 3 to 4½ percent for 10-year nominal Treasuries will prevail during most of our secular timeframe.
If you do believe 4% is the top,
In this kind of an environment, that's a slam dunk.
Inflation and deflation in this levered world coexist nearly side-by-side,
Investment markets in the United States will not ultimately prosper under such an increasingly odorous environment.
Is it any wonder that in the space of the last six months we have had headline speeches promoting the dangers of deflation only to be followed by fears of accelerating inflation?
It is all about the price. It is the only thing that matters.
It is in the best interest of the company, its employees and investors, that we not proceed with the offering during this volatile time,
It is telling us that we have a slower economy ahead.
It's a very delicate balance.
It's just that other areas are more attractive, such as the mortgage market,
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.