Uncategorized February 8, 2011

Interest Rates on the Upswing

Here’s a recent article in the Herald’s business section discussion the increase in interest rates we’ve been seeing. Previously, interest rates were expected to fall to a point lower than 4% and stay there for a time. Good news for the economy means bad news for the bond market and interest rates…as investors flee the security of the government bonds for the potential of the stock market.

Here is that very interesting link:

Interest rates have gone up