Yikes! Another Debt-Ceiling Concern

More
terrified2.jpg

I wrote earlier this morning about the reasons why interest rates haven't shot up over debt-default concerns (which I think people should be taking more seriously). Here's another factor that could push them higher: the Federal Reserve's second round of quantitative easing, which was designed to hold interest rates down, ends today. And as Yahoo! finance columnist Dan Gross points out, the interest rate on 10-year Treasury notes actually has risen in the last five days from 2.86 to 3.18.

P.S. Better lock in your mortgage rate!

Jump to comments
Presented by

Joshua Green is a former senior editor at The Atlantic.

Get Today's Top Stories in Your Inbox (preview)

What Is the Greatest Story Ever Told?

A panel of storytellers share their favorite tales, from the Bible to Charlotte's Web.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

The Death of Film

You'll never hear the whirring sound of a projector again.

Video

How to Hunt With Poison Darts

A Borneo hunter explains one of his tribe's oldest customs: the art of the blowpipe

Video

A Delightful, Pixar-Inspired Cartoon

An action figure and his reluctant sidekick trek across a kitchen in search of treasure.

Video

I Am an Undocumented Immigrant

"I look like a typical young American."

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Writers

Up
Down

More in Politics

Just In