Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
PYMNTS
MARCH 4, 2020
That’s because investors typically embrace bonds as a less risky alternative to equities or other asset classes, and as they buy bonds, prices go up, and yields go down. percent, per data from the Mortgage Bankers Association, and as cited by CNBC , down from 3.7 This week has seen the twin impacts of panic and policy.
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