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My rough estimate is 10% of $6T US bailout goes to people Vs corporations by end of May. Your estimates? Is it true that Banks encashed $1T at 0% the Sunday be
by Build3Wai 7y ago
My rough estimate is 10% of $6T US bailout goes to people Vs corporations by end of May.
Your estimates?
Is it true that Banks encashed $1T at 0% the Sunday before?
Why did Mortgage rates go up?
- Donald 7y agoMortgage rates went up because 10 and 30 yr bond yields have spiked. Also, during the yield collapse a few weeks ago, banks got flooded by refi requests and it exhausted banks’ supply of available dollars for mortgages.
- blaser-waffle 7y agoSo... a run on the banks?
- bubbleRefuge 7y agoBanks have an practically infinite supply of money. They just issue it when they create loans. What they lack is the capacity to process the loans, not the funding.