◀ The Principal Blog

Posts tagged ‘interest rates’

Tapering, Treasury Rates, and a Series of Steps



On December 18, 2013 the Federal Open Market Committee (FOMC) announced they’d taper their massive bond-buying program by US$10 billion per month beginning in January 2014.  While market participants and analysts had long obsessed over if and when taper would begin, market interest rates had…

Read more

From the Desk of Risk: Cloudy with a Chance of Higher Rates



The reason meteorologists aren’t held accountable for their rain or snow predictions is that weather forecasts are made in terms of probability statements rather than absolute outcomes.  This is why we forget the thunderstorms that failed to materialize and forgive the snowstorms that nobody…

Read more

Recent