Global shares, oil fall on fears of U.S. "fiscal cliff"

Comments (1)
mountainrose wrote:

After Bernanke spoke a decent rally was wiped out, long bond which Fed is buying to keep rates low went up. Was it something I said ? Any 1% rise in rates going forward will make all that massive debt out there, corporate, muni ($3.7 trillion), junk even treasuries worth a lot less than it is today, Bernanke’s QE speeches like QE itself seem to be having less and less effect as we move forward in our QE era

Dec 13, 2012 4:41am EST  --  Report as abuse
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