Safe Bonds with 7.35% Yield
May 15th, 2008 | By Gary Scott | Category: US Dollar & Forex TradingThe U.S. dollar is now under incredible pressure, and the timing couldn’t be worse. The U.S. economy is also sinking fast. This places the Fed between a rock and a hard place. To support the greenback, the Fed needs to raise U.S. interest rates…but their classic response to the threat of an economic recession is to lower those same rates.