Euro US Dollar (Euro/USD) Exchange Rate Sinks to Three-Month Low as Risk-Off Mood Supports the US Dollar | Euro Exchange Rate News euroexchangeratenews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euroexchangeratenews.co.uk Daily Mail and Mail on Sunday newspapers.
markets. we re not seeing that right now. we re seeing essentially the u.s. debt still considered a safe haven status. the reason why it matters to the folks out there is that all of our borrowing rates, like mortgages and credit cards, are a peg to the u.s. treasury note of ten years. that s been trending down, he is close to 2.6 after dropping to 2.6 on friday in trading. we re watching that action very closely. we re waiting to see what the estimates could be. we re hearing anywhere from a half point higher to as much as a full percentage point higher. but again, the treasury note is still at historic lows. back to you. rick: i was reading that this could affect people when they go to borrow money. they go to borrow money for a car or for college. how quickly until the sort of ripple effects start to have an effect on people s pocketbooks? it could happen pretty quickly if the markets are convinced that s & p is going to