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dkf

(37,305 posts) Thu Sep 5, 2013, 11:12 AM Sep 2013

@CNBC: 10-year treasury hits new 2-year high of 2.97 after #ISM:

@CNBC: 10-year hits new 2-year high of 2.97 after #ISM: http://t.co/wOOQj3V0If

3 replies

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@CNBC: 10-year treasury hits new 2-year high of 2.97 after #ISM: (Original Post) dkf Sep 2013 OP

Bad News. earthside Sep 2013 #1

Good news, since based on expectation of future growth. cthulu2016 Sep 2013 #2

Housing market is already starting to fizzle around here taught_me_patience Sep 2013 #3

earthside

(6,960 posts)

1. Bad News.

Reply to dkf (Original post)

Thu Sep 5, 2013, 11:18 AM

Sep 2013

The struggling working and middle class cannot take any rise in interest rates.

cthulu2016

(10,960 posts)

2. Good news, since based on expectation of future growth.

Reply to dkf (Original post)

Thu Sep 5, 2013, 11:22 AM

Sep 2013

Bad news would be treasuries go up out of concern over ability to repay or devaluation of dollar.

But there is no such thing as a recovery without treasury rates rising and it is thus not categorically bad.

taught_me_patience

(5,477 posts)

3. Housing market is already starting to fizzle around here

Reply to dkf (Original post)

Thu Sep 5, 2013, 11:30 AM

Sep 2013

it was propped by the low interest rates.

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