Wednesday, September 24, 2008

Fed bailout 這兩家房貸公司後對經濟產生的影響

我將 USA Today, Sept. 9, 2008, 2B 版的文章重點摘要

30-year mortgage rates will drop
It's because in taking control of the two companies, the U.S. Treasury will buy mortgage-backed securities, thereby driving their prices up and mortgage yields down.

Bond interest rate could rise if Treasury has to issue more debt

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