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US Treasury Bond Rate Rises, 10 Year at 2.04 Percent Posted by Dean Michael Gores on 2/02, 7:30am | ||
The 10 Year treasury interest rate increased to 2.04 percent (from 1.43 percent in July 2012) in order to attract enough buyers. Who knows how much higher the rate would be in the short term if the Federal Reserve wasn't buying $45 billion of treasuries per month? Increasing rates will bring even more pressure to sell fixed rate investments (such as bonds and some mortgage backed securities). Could this be the beginning of the end of the dollar? (And the end of the Federal Government's ability to deficit spend?) (And the end of the world sending the US real goods in exchange for fiat?) | ||
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