Friday, March 26, 2010

Greenspan Calls Rise in Treasury Yields ‘Canary in the Mine’

This article describes Alen Greenspan's view on the current treasury yields. Green span says, “I’m very much concerned about the fiscal situation,”. His concerns also lie in the recovery of the housing sector. The increase in long term interest rates that is expected “will make the housing recovery very difficult to implement and put a dampening on capital investment as well.” The article also gives a snap shot of other current rates in our economy.

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