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This will be beneficial to interest sensitive sectors like automotive and real estate.
Interest sensitive issues just love lower rates.
Interest sensitive and highly valued stocks dragged the whole market lower.
Its principal products are interest sensitive, traditional and variable life insurance, fixed annuities including deferred and immediate and voluntary accident and health insurance.
He points out that utilities won't be as interest sensitive, as they become more deregulated, and adds, "We're more than 50% through the uncertain transition period with regards to deregulation".
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Similar(54)
So interest-sensitive sectors like construction slowed.
Auto, bank and other interest-sensitive issues were particularly strong.
Real borrowing costs decreased and interest-sensitive spending rose rapidly.
As a result, key interest-sensitive sectors of the economy like housing have remained robust.
This encourages interest-sensitive spending, like construction, investment and consumer purchases of durable goods.
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