Which makes me wonder if the fed can keep interest rates down
since 45% of the debt we have is owned by foreigners and money has
a tendency to move to where it is rewarded...Braz is paying around
8%, Russian Bonds are new 8%, Indian Bonds are now 9%.
Move in bankrupt countries unreal this month
Posted by kalinm on 18th of Oct 2013 at 12:02 pm
GREK -- up 19%; EWP up 11%; EWI up 11% -- Bernanke's "Animal Spirits" are in full effect!!!
And their bonds are paying well!!
Posted by ronjuan on 18th of Oct 2013 at 02:01 pm
Which makes me wonder if the fed can keep interest rates down since 45% of the debt we have is owned by foreigners and money has a tendency to move to where it is rewarded...Braz is paying around 8%, Russian Bonds are new 8%, Indian Bonds are now 9%.
good point!
Posted by morton13 on 18th of Oct 2013 at 02:05 pm