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OCT 20, 2013 - Zero Hedge

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Investment Climate in Six Points

1.  Long-term interest rates may have bottomed several months ago, but rate will remain low for several more months.  It is becoming clearer to many that the Federal Reserve is most likely not going to reduce the $85 bln of long-term securities it is purchasing every month.   The BOJ remains committed to buying the equivalent of $75 bln of assets a month.  The ECB continues to provide full allotment at its fixed rate repo operations, even if strong banks have repaid their long-term repo borrowings.  The Bank of England's economist Dale tweeted at the end of last week ... Read More

Tags: Investment Climate in Six Points,  Federal Reserve System Latest News