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Detroit Bankruptcy and Bond Market Insights by gradnv is a document available to read on EtoBox.
What is Detroit Bankruptcy and Bond Market Insights about?
The document discusses recent increases in interest rates and bond market volatility. It summarizes that the Federal Reserve has been the dominant influence on interest rates and has kept rates low since 2008-2009 through bond purchases, but recently indicated it will begin slowing bond purchases later this year and end them next year. This is believed to be the main reason for higher interest rates in the second quarter of 2013. The document also briefly discusses Detroit
- Author
- gradnv
- Language
- EN