Surprise Surprise
Posted by Jordan Crouch on February 4, 2008
-Not surprising anyone, the Federal Reserve lowered the Fed Funds rate for the second time in two weeks. It is currently at 3%.
-Microsoft surprises the world by offering to buy Yahoo for $45B last Friday. Google denounced the deal immediately.
-The major market indexes continue to roller coaster on the threat of an economic recession.
-Commercial Real Estate Lenders are as cautious as ever, though most are still doing loans.
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Rates: |
TODAY |
Last Mth |
Last Year |
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5 Yr T-Bill: |
2.77 % |
3.19% |
4.82% |
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10 Yr T-Bill: |
3.65% |
4.38% |
4.82% |
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LIBOR-30 Day |
3.18% |
4.51% |
5.32% |
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