Zelensky to speak with Trump after US proposes Russia-Ukraine peace plan
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The plan was reportedly drafted by US and Russian officials, without
Ukraine's involvement.
44 minutes ago
North America 2007 SUMMER in MAY //usa2007blogspot.com
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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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