Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
|
 |
| November 20, 2007 | | Spread bets and CFDs on U.S. interest rates | It was assumed after the last Fed rate cut that another cut would be months off. However, some are hoping for U.S. interest rates to take another cut soon. Due to yesterday's losses in the stock market, some believe that the Fed will step in to stem the carnage. MarketWatch reports on the hopes for a Fed rate cut:
After Wall Street got hit with steep losses Monday, speculation
increased that the Federal Reserve might step in with an emergency rate
cut -- talk that helped lift stocks overseas. | | |
|
|
