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Texas Republicans nominate Ken Paxton for Senate seat, ousting incumbent
John Cornyn - NPR
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1. Texas Republicans nominate Ken Paxton for Senate seat, ousting
incumbent John Cornyn NPR
2. Texas primary runoff election: Ken Paxton has ...
5 hours ago
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WHY ZERO INTEREST; ... Instead, the Federal Reserve slashed benchmark interest rates to near zero, lowering yields for conservative investments like money market funds and pushing frustrated investors into riskier corporate bonds offering higher returns. As demand for those bonds rose, businesses were able to issue more of them than ever, and use the proceeds to pay off old ones coming due soon.
"The Fed encouraged debt refinancing, but we need debt extinguishment," says Boockvar.
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