Monthly Archives: December 2008

Flight to Safety

Continuing from the post below: Some time back, the FED decided to hold the federal fund rate between 0 to 25 bps. The 3M t-bill rate touched 0%. 30 yr TSY yields are currently at 2.6% Such low yields for … Continue reading

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Credit Crisis of 2015

Lets see what caused the current credit crisis:1. Low interest rates2. Greedy people Now, we should examine the solution that our policymakers have come up with to tide over the current crisis: Give people not billions but trillions of dollars … Continue reading

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