Capital Markets Snapshot: Benchmark set for interest rate action
FED PLANS TO INCREASE RATES WHEN UNEMPLOYMENT FALLS TO 6.5 PERCENT By Cain Brothers The big news in the capital markets earlier this month was the announcement of further quantitative easing (QE) by the Fed. As Operation Twist, the selling of short-term Treasuries to buy longer-term bonds, has come to the end of its run, […]