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Home>U.S. Treasury Makes A Bet On Low Interest Rates

U.S. Treasury Makes A Bet On Low Interest Rates

Perspectives Content Submission

Tue, 11 Sep 2012

Leading up to the Great Recession, adjustable-rate mortgages (ARMs) allowed many borrowers to get in over their heads. Now the U.S. Treasury has decided to take out what amounts to an ARM of its own by introducing  floating-rate notes . As their name suggests, floating-rate notes carry variable int

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