Give the buck a break
Commentary: 'Dollar fear' is inflated
By Lou Barnes, Friday, October 23, 2009.
Flickr image by Hammer51012.Treasury and mortgage rates have again reached their post-August highs, but still in tight ranges: the 10-year Treasury note at 3.48 percent and low-fee mortgages just under 5.25 percent.
The producer price index fell hard in September, down 0.6 percent, the much-hoped-for re-building of inventories not yet under way. Initial claims for unemployment insurance unexpectedly rose, back in the 525,000-550,000 weekly band.
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