Debt management, Money and interest ratesNational government expenditures and related policiesPurpose We analyze how political brinkmanship impacted Treasury yields during the debt ceiling debate in 2015. Our results show that the resignation of the House Speaker John A. Boehner caused a significant ...
Cases of interest discussed in the recent update include the following: the Supreme Court's decision in Epic Systems Corp. v. Lewis; the Second Circuit’s decision in Zarda v. Altitude Express, Inc.; the Ninth Circuit’s decision in Rizo v. Yovino; and a Pennsylvania district court’s ...
in a “break out” room from the main event. I estimated there was seating for at least a thousand or so people in the break out room.The room was full most of the day – reflective of the level of interest and the range of speakers and subject matter....
5 If you have high-interest debt, here’s how you could pay it down this year. Mortgage rates: While the Fed's key rate doesn’t directly impact mortgage rates (it’s more about supply/demand, inflation, and the 10-year Treasury yield), it can influence them. The 30-year fixed ...
Interest rates are determined by the Federal Reserve, in relationship to the international capital markets, so it is difficult (i.e. impossible) to predict any future rates, or values, there. Yet, there is a “model” of human behavior that tells me IF the government sent a signal it mig...
an increasingly positive net benefit to savers. For example, the U.S. Treasury 3-month bill money market yield has increased almost 51 basis points this year to 1.95%. With almost a decade of rates in the single basis point range, the run up, which started in earnest in late 2017, see...
In this paper, we re-examine the relationship between money and interest rates with a focus on the past few years, when the opportunity cost of M2 has dropped below zero. Until the late 1980s, a stable relationship between monetary aggregates and the opportunity cost of holding money--...
High-Yield Currency Investing In this strategy, one invests in currencies with relatively high interest rates and funds this purchase in a currency with relatively low interest rates. On average this kind of strategy has proven profitable; the forward rate of currencies is not predictive of where ...
Contributions are credited with a minimum amount of interest, based on 30-year Treasury bond rates (equal to 3.75 percent in 2012-13), but additional interest can be credited by the Teachers' Retirement Board if there are sufficient excess funds after meeting long-term DBS Program liabilities. ...