interest rates in the USA v other advanced economies

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Submitted by gzz on December 17, 2018 - 12:09pm

Ten Year Bond Rates

USA 2.86
Canada 2.06
Germany 0.25
UK 1.26
France 0.73
Spain 1.40
Holland 0.41
Switzerland -0.24
Japan 0.02
Australia 2.44
New Zealand 2.45
Hong Kong 2.03
South Korea 2.00

In other words, we have the highest of any major advanced economy!

While this certainly could continue to be the case, at some point I think people collecting 0.25, 1%, etc a year in other countries will decide instead to move their cash here and buy US Bonds. That will lead to... lower mortgage rates and higher RE prices!

They really should have bought our bonds years ago. They could then have not only earned higher interest rates, but could have taken advantage of the dollar's recent appreciation.

Submitted by The-Shoveler on March 8, 2020 - 7:44pm.

Wow they are pricing in a 75 basis point drop in rates at next meeting.

Soon time to refi !!

Submitted by TheBrianNarrative on March 8, 2020 - 8:30pm.

Bumped into my mortgage guy today. He said expect a refi to take 3-4 months to close

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