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Premium Member
join:2003-11-07
Long Beach, CA

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banner to Zoder

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to Zoder

Re: [Rant] A savings acct of 0.75% is now considered high-yield?

Good points, mortgage rates move before savings rates, however, a "good" return on savings rates is relative and subjective. I read today that technical analysts observed a significant flow of $ from treasuries. Curious why the market behaved differently so recently after the fed stated their intent to hold rates steady until 2014.

edits intended for clarity, grammar, punctuation and spelling
Zoder
join:2002-04-16
Miami, FL

Zoder

Member

Because Treasuries are considered a safety bet. So if investors think the economy is improving they'll sell Treasuries and move their money into investments with higher rates of return.