Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Investors Flee Treasurys On Bernanke's Remarks

Friday, August 27, 2010 - 7:20 PM
From AP via Yahoo:
Borrowers, take note: Interest rates may have found their bottom.

Investors pulled money out of Treasurys Friday after expectations faded that the Federal Reserve will need to buy bonds to stimulate the economy.

It may be bad news for borrowers, but it's a little bit of good news for savers.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634