
Analysis Topic: Interest Rates and the Bond Market
The analysis published under this topic are as follows.Monday, August 11, 2008
Could Lower Commodity Prices Pave the Way to Steady Interest Rates? / Interest-Rates / US Interest Rates
By: Money_Morning
William Patalon III writes: With oil trading near a three-month low (and corn now at a four-month low), U.S. Federal Reserve policymakers may have just the ammunition they need to hold the line on interest rates for the foreseeable future - or at least until their Sept. 16 policymaking meeting.
On the other hand, threats of hurricanes in the Gulf of Mexico and geopolitical turmoil in Iraq, Turkey, Nigeria - and now the fireworks between Russia and Georgia - could spark a dramatic reversal in sentiment and renew fears of supply disruptions.
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Saturday, August 09, 2008
Czech Central Bank Cuts Interest Rates / Interest-Rates / Euro-Zone
By: Victoria_Marklew
As anticipated (see Daily Global Commentary, July 30: " Surging Central European Currencies: Running Out of Steam? "), the Czech central bank switched to easing mode yesterday, lowering its key repo rate by 25bps to 3.50% - the first actual cut in over four years. Governor Tuma noted that the Czech economy is in a "declining phase" and that a "bigger dampening" is now expected. The bank also lowered its GDP growth forecasts to 4.1% this year (prev. 4.7%) and 3.6% in 2009 (prev. 4.0%). Tuma also warned that he could not exclude another rate cut this year. The vote by the six-member policy board reportedly was unanimous.Read full article... Read full article...
Friday, August 08, 2008
Auction-Rate Debt Buyback, Now What? / Interest-Rates / Credit Crisis 2008
By: Paul_Lamont
With news of UBS' $19 Billion dollar buyback of frozen auction-rate debt , we expect former clients of UBS ( Merrill Lynch, Citigroup, Wachovia and Bank of America, too ) to begin looking for secure places for their cash. Some may even be considering CDs. We would like to point out to investors that CDs (in fact all deposits) allow banks to borrow short and lend long.Read full article... Read full article...
Thursday, August 07, 2008
UK Interest Rates on Hold as Economy heads towards Stagflation / Interest-Rates / UK Interest Rates
By: Nadeem_Walayat

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Wednesday, August 06, 2008
Credit Crisis Continues as Banks Sell Assets to Cover Losses / Interest-Rates / Credit Crisis 2008
By: Money_Morning
Keith Fitz-Gerald writes: "Have we seen the worst from the financial sector?"
The question - a very good one - came from an audience member following my global investing presentation at the Agora Wealth Symposium in Vancouver, British Columbia. During my entire time there, the interest in the ongoing credit crisis was intense.
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Wednesday, August 06, 2008
Fed's Next US Interest Rate Move is Down / Interest-Rates / US Interest Rates
By: John_Browne
Yesterday, the Fed surprised no one and left its key rates unchanged and gave no indication that the committee was preparing to raise or lower rates anytime in the foreseeable future. As always, the market reactions were much more interesting and unpredictable. In this case, bond markets barely changed, the U.S. stock market jumped, and Euro futures strengthened slightly against the U.S. dollar.Read full article... Read full article...
Tuesday, August 05, 2008
Talk of US Rate Hikes is Comical Says Pimco Chief Bill Gross / Interest-Rates / US Interest Rates
By: Mike_Shedlock
Yahoo!Finance is reporting Fed Can't Raise Rates .The Federal Reserve's decision to hold the line on interest rates was the only move the central bank could make considering the state of the US economy, PIMCO chief Bill Gross said on CNBC.
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Tuesday, August 05, 2008
US Financial System in Crisis as Government Hides the Truth to Prevent Bond Market Panic / Interest-Rates / Financial Crash
By: Money_and_Markets
Martin Weiss writes: With America's economy sinking rapidly into recession, with much of America's financial system teetering on the brink, and with a presidential election just three months from today, our leaders in Washington are under siege.
What are they saying behind closed doors? What worst-case scenarios are they contemplating? What contingency measures are they debating?
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Tuesday, August 05, 2008
US Blackmailed By China on Fannie and Freddie Bailout / Interest-Rates / Credit Crisis 2008
By: Mike_Shedlock

Fannie Mae Chief Executive Officer Daniel Mudd was sitting down to a glass of wine with his wife at their Washington home around 10 p.m. on Saturday July 12 when Treasury Secretary Henry Paulson called.
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Monday, August 04, 2008
Homebuilder Credit Defaults Swaps Review / Interest-Rates / Credit Crisis 2008
By: Mike_Shedlock

While that question cannot be directly answered, we can take a look at how the credit market players perceive the situation.
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Monday, August 04, 2008
US Treasury Bonds Auctions to Put Dampener on Bond Market Rally / Interest-Rates / US Bonds
By: Levente_Mady

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Friday, August 01, 2008
Last Warning? Negative Real US Interest Rates Igniting Inflation / Interest-Rates / Credit Crisis 2008
By: Adrian_Ash
"...First warning? Gold doubles as the Greenspan Fed makes real interest rates negative for the first time in 25 years. Now his successor is at it again..."
SO ALAN GREENSPAN – former chairman of the Federal Reserve – thinks this equals the Great Crash, if not out-bads it.
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Friday, August 01, 2008
Greenspan the Credit Crunch Maestro Won't Face the Music / Interest-Rates / Credit Crisis 2008
By: Peter_Schiff

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Thursday, July 31, 2008
Fed Massive Injections of Liquidity to Fuel Surging Inflation / Interest-Rates / Inflation
By: Michael_Pento
It amazes me how many investors are now concerned about a deflationary spiral occurring in commodity prices. They site oil prices that are slightly off all time highs or a falling CRB index as their examples. While it is true many commodities are off historic highs, it is hardly reasonable to project a continuation of falling asset prices given the state of the banking sector and the consumer.
I know that sounds counterintuitive given the current state of the credit crisis, but it is exactly that crisis and the Fed's response to it, which will soon forge the path to inflation rates the likes of which have never before been experienced in this country's history. The most important question investors must ask themselves is how inflationary is the current 2% Fed Funds rate?
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Tuesday, July 29, 2008
U.S. Treasuries: Worse than the US Dollar! / Interest-Rates / US Bonds
By: Mike_Stathis

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Tuesday, July 29, 2008
MINUTES OF MONETARY POLICY COMMITTEE MEETING 9 AND 10 JULY 2008 / Interest-Rates / UK Interest Rates
By: BoE

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Tuesday, July 29, 2008
Paulson's Covered Bond Proposal to Rescue US Housing Market / Interest-Rates / US Housing
By: Mike_Shedlock
Many people are asking about Treasury Secretary Paulson's Covered Bond Plan .Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. threw their support behind Treasury Secretary Henry Paulson's effort to spur covered bonds as a new source of mortgage financing.
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Monday, July 28, 2008
US Treasury Bonds Remain Range Bound / Interest-Rates / US Bonds
By: Levente_Mady

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Thursday, July 24, 2008
Bank of England Hawkish on UK Interest Rates Despite Slowing Economy / Interest-Rates / UK Interest Rates
By: Victoria_Marklew

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Thursday, July 24, 2008
Evidence of the US Banking System Teetering on the Brink of Collapse / Interest-Rates / Credit Crisis 2008
By: Mike_Shedlock


2. Paulson says the list of troubled banks "is a very manageable situation". The reality is there are 90 banks on the list of problem banks. Indymac was not one of them until a month before it collapsed. How many other banks will magically appear on the list a month before they collapse?
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