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AlekS20

Qe2

Friday, June 10, 2011 - Article by: AlekS20 - National Lending Group - Message

JUNE 30th! that is day when the FED decided to end Qe2, in other words they stop buying treasuries which has so far kept interest rates low. They are currently buying 70% OF OUR DEBT! so what happens after June 30th? well, we are predicting that no one is interested in our mounting debt. This will cause rates to go up! by a lot.

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