News
Bloomberg | Treasuries Rise as U.S. Creates No Jobs in August, Potential Fed Stimulus
Treasuries rose as the government’s payrolls report showed no jobs were added in August, stoking speculation that the Federal Reserve may consider additional stimulus measures to boost the economy.
Market Watch | Fed governor calls for refi program changes
Changes should be made to the Obama administration’s existing housing refinance program to enable the participation of millions more underwater borrowers, Federal Reserve Governor Elizabeth Duke said in a speech on Thursday.
Blogs
Marginal Revoultion | Should our government spend (and borrow) more at negative real interest rates?
Let’s say I could borrow money at negative two percent real, but my seven cousins, three of whom are crazy, would get together and decide how to spend it. I would get a vote too and they would agree to spend it on me. I would have to pay it back. I say no.
