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一个主要担心就是BORROWING COST会增加,CONSUMER SPENDING减少,扼杀经济增长。今天FED明确说明LOW INTEREST到2013年,就是针对的这一担心。
下面是对今天FED的应对的评论
Bernanke Nailed It; Finally! Continued...
8/9/2011 3:36 PM EDT
The bond market likes the message. The entire treasury yield curve is rallying. This rally is not however a reactive one of fear or a flight to safety. It is a proactive flight to stability. This is a reflection of confidence.
The 10 year treasury yield briefly took out the all time record low closing yield of November of 2008 at 2.06%. Although it is now up to 2.11%, as I write, the bond market clearly got the message Bernanke was delivering.
Mortgage rates are heading below 4% at PAR and will stabilize below those levels and provide consumers the time to capitalize on them.
Other consumer and commercial loan rates will do the same.
It will be 6 months before the evidence is in that confidence and consumption are rising and fear dissipating. It will be felt first by the mortgage companies.
If you want a feeling for what this means for the economy before then call your mortgage loan officer and ask them how they feel about their business prospects with mortgage rates under 4%. |
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