Was 1.3% a few weeks ago now 0.77%.
The banking system is getting flushed with liquidity....
![[Image: zlgp26T.jpg]](https://i.imgur.com/zlgp26T.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(15-02-2023, 11:12 AM)teaserteam Wrote: So going up is good or going down is good? How does that affect you? When there is money money demand, rate will go up.
(15-02-2023, 11:12 AM)teaserteam Wrote: So going up is good or going down is good? How does that affect you? When there is money money demand, rate will go up.
(15-02-2023, 11:35 AM)RiseofAsia Wrote: Borrowing getting more expensive is good or no good?
No more free $$$.
Last year at the early Q1, you only pay $2000 per mth for housing loan.
Now paying $4000 per mth, you say good or no good? It will keep going up as Fed is unable to tame the high inflation.
Fed Powell just flipped the prata.
(15-02-2023, 11:42 AM)RiseofAsia Wrote: US junk bond is in trouble.
I see liao also scare.
1 yr bond also hit 5%