The Traderszone Network

Published in TZ Latest News 23 February, 2015 by The TZ Newswire Staff

U.S. Banks Hoard $2 Trillion of Ultra-Safe Bonds

Minutes from the Fed’s January meeting released last week said than many policy makers were in favor of keeping rates lower for longer to avoid jeopardizing the recovery. Yields on five-year U.S. notes, which dropped as low as 1.15 percent last month, have since climbed as job and wage gains boosted the outlook for U.S. growth.