Daily Archives: March 10, 2011 @ 5:13 pm (Thursday)

QE and the term structure of rates

Background information first, answer later- The Fed sets the fed funds target at their regular meetings, and lets the market then determine the term structure of rates. That term structure of rates is therefore largely a function of anticipated future … Continue reading

Posted in Fed | Tagged |

labor charts

So this was a good monthly employment report? Ok, there were a few new jobs, but not nearly as many as there used to be each month a few years ago, in an economy a lot closer to full employment, … Continue reading

Posted in Employment |