Interest Rate Roundup

Tuesday, June 09, 2009

In New York this week ...

In case you're wondering, I didn't drop off the face of the Earth. I just happen to be in New York this week for business. I'll only be making limited posts as most of my time is accounted for. As far as the markets are concerned, I'm continuing to keep a close eye on the bonds and the dollar, because that's where the real action is. We're now seeing shorter-term rates start to move higher, following the long end of the curve. Meanwhile, the dollar's recent bounce petered out today, helping push oil prices through $70 a barrel. Aiiieeee!


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