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Overall the bond market is relatively flat this week waiting for some direction from tomorrow’s employment numbers. This year has been a low economic growth year keeping Interest Rates low and enabling buyers to capitalize on that opportunity. 56 more words
Thu Sep 3, 2015 07:33 AM CDT
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DTN Ag Interest Rate Snapshot TODAY – LAST YEAR as of: 9/3/15 9/3/14 BENCHMARKS Prime Rate 3.25 3.25 30-Day Libor 0.20 0.16 1-Year Libor 0.85 0.56 10-Yr. 11 more words
The US Federal Reserve building in Washington
WASHINGTON (AFP) – The International Monetary Fund said Thursday that the Federal Reserve has the room to hold off from raising interest rates for the moment amid a “pretty bumpy” global economic situation.”Our general view is that they have flexibility to hold off,” said IMF spokesman William Murray, adding that the Fed “should proceed gradually” with its planned series of rate hikes.