Banks Give Investors What They Want

Maybe it was always about certainty and yield curve, not about housing.

I am talking about the breakout move by the banks here and how they have been able to rally silently, without a lot of fanfare, not on more robust housing data, but on an understanding that the prosecutions are indeed winding down. That, plus the fact that the yield curve (the rates bonds pay as you go out in time) is, at last, giving these companies a hefty and regular profit. The banks pay you the same rates on your CDs that you got paid before rates increased, but they can invest your deposits with a much greater return than before.  ...582 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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