Market interest rate update: July 27, 2011 from Piedmont Capital Funding

By July 27, 2011April 13th, 2021Uncategorized

From Piedmont Capital’s e-newsletter, as they are discussing interest rate fluctuation with the concern over debt:

July 27, 2011

Treasury yields increased this morning as concern is growing that lawmakers won’t agree on a debt limit in time to avoid a default. The market is currently waiting for a deal and for the moment doesn’t appear to know how to price in the risk (or perceived risk for those of you that

read last week’s article) of a potential default. Expect yields to be fairly stable until a debt limit deal is reached.

Bernard Gehret

Bernard Gehret

Joseph Bernard Investment Real Estate