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Financial Information On Demand

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Banking, Economy, Real Estate

Mortgage Rates At All Time Low

March 9, 2020

“According to Freddie Mac, mortgage rates hit a record 3.29% in the week, the lowest level in its nearly 50-year history. While rates were on the slide, mortgage applications jumped by 10% in the last week from 1-year ago, with… Continue Reading…

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Banking, Economy

“Treasury Yields Hurtle Toward Zero With Bets on Fed Cuts Growing”

March 6, 2020

“Treasury yields plummeted to record lows Friday as concern about the global economic and financial impact of the coronavirus spurred demand for havens and traders amped up bets on further central bank easing this month. U.S. securities rallied, led by… Continue Reading…

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Banking

“Toyota recalls 3.2 million vehicles worldwide over fuel pump problem”

March 5, 2020

“Toyota Motor Corp <7203.T> said Wednesday it is now recalling 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling… The automaker told the U.S. National Highway Traffic Safety Administration in January it was… Continue Reading…

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Banking, Economy

“10-year Treasury yield falls below 1% for the first time after Fed slashes rates…”

March 4, 2020

“The 10-year Treasury yield broke below 1% for the first time ever in the wake of an emergency rate cut by the Federal Reserve to combat the economic effects of the spreading coronavirus. The yield on the benchmark 10-year Treasury… Continue Reading…

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Banking, Economy

“10-year Treasury yield falls to three-year low… 30-year rate hits record low”

February 25, 2020

“The 10-year Treasury yield hit its lowest level since July 2016. The 30-year Treasury yield hit a record low. The move into bonds came as stocks plunged with the Dow down more than 1,000 points. The yield on the benchmark 10-year… Continue Reading…

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Banking

“30-year Treasury bond yield breaks to all-time low…”

February 21, 2020

“The 10-year Treasury note yield TMUBMUSD10Y, -3.79% was down 3 basis points to 1.495%, the lowest since last September, while the 2-year note rate TMUBMUSD02Y, -3.24%   edged 1.4 basis points lower to 1.381%. The 30-year bond yield TMUBMUSD30Y, -3.26%   slipped 4.2 basis points to 1.930%, falling below… Continue Reading…

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Banking, Cryptocurrencies

“Visa and Coinbase team up to create crypto-backed debit card”

January 1, 2021

“…Visa today announced a debit card that will allow users to buy things using fiat money converted from cryptocurrency stored in online wallets. The new Coinbase Card it is directly tied to the a person’s cryptocurrency balance in digital wallets managed by… Continue Reading…

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Banking, Economy

“$1,163,090,000,000: Federal Spending Sets Record Through December”

January 15, 2020

“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…

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Banking, Economy

“Fed Adds $76.9 Billion in Overnight Money to Markets”

January 8, 2020

“The Federal Reserve Bank of New York added $76.9 billion in temporary money to financial markets Monday. The Fed’s intervention came via an overnight repurchase-agreement operation that took in Treasury and mortgage securities…” https://www.wsj.com/articles/fed-adds-76-9-billion-in-overnight-money-to-markets-11578321440

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Banking

Content Sharing Partners

January 3, 2020

I figure I should make a list because it’s rather convenient in many ways. Raxxmorz currently shares content with: GsiexchangeClaimcompass.eu

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