The Federal Reserve is doling out billions to buy bonds in hopes of keeping interest rates low and stimulating the economy. However, several powerful forces are working against that low-rate strategy, ranging from investor psychology to global competition for capital.
Continue reading Why Interest Rates Keep Rising, Despite QE2
Why Interest Rates Keep Rising, Despite QE2 originally appeared on DailyFinance on Thu, 13 Jan 2011 06:30:00.