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(When bond prices fall, interest rates rise).
When the deficit began to fall, interest rates did too.
When prices are expected to fall, interest rates tend to fall, too.
As falling confidence causes bond prices to fall, interest rates become exorbitant and destroy equity valuations.
Companies have not benefited from falling interest rates nearly as much as consumers thought.
Absent falling interest rates or rapidly advancing stock prices, consumers often turn to savings.
It is hard to overestimate the impact of these falling interest rates on the housing market.
But neither deal made financial sense against a backdrop of market turmoil and falling interest rates.
Even more important, falling interest rates have drastically lowered the cost of servicing the federal debt.
They argued that falling interest rates largely explained why housing prices had outpaced inflation.
Other leading funds benefited from rising commodity prices and falling interest rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com