Wednesday, December 8, 2010

Oh dear…

US Treasuries hit by biggest sell-off since Lehman

US Treasuries suffered their biggest two-day sell-off since the collapse of Lehman Brothers, following a torrid month that has seen borrowing costs for western governments soar. Germany, Japan and the US have all seen their benchmark market interest rates rise by more than a quarter in the past month while the UK’s has risen by nearly a fifth.

Posted by hpwatcher @ 09:14 PM (913 views)
Please complete the required fields.



3 thoughts on “Oh dear…

  • We may be about to get the trigger for the UK HPC.

    Reply
    Please complete the required fields.



  • general congreve says:

    Well, we are moving into recovery, so the higher interest rates these bond sales will bring about will be a good thing, as they will prevent the economy overheating again, surely?

    Reply
    Please complete the required fields.



  • mark wadsworth says:

    Gilt or T-bond charts for the past six months or show that there was a mini bubble, but whether this is just a technical wobble or whether it means that interest rates really are going up at long last (hurray! our interest income will cover our rent again! house prices will go down!).

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>