Investor Appetite for Bonds in a Tepid Recovery Weighs on Rates
(Huffington Post) — Just how low can interest rates go? Rates keep falling, and Wall Street increasingly seems convinced that they will stay low for years. But it isn’t the Federal Reserve that is cutting them — it is the bond market. The weak-kneed economy has investors piling into United States Treasurysecurities, driving prices up and yields down.