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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kathyh who wrote (41961)5/18/1999 2:13:00 PM
From: MrThesp  Read Replies (2) | Respond to of 90042
 
Nothing dumb there...I could only give you a dumb answer though...

We need someone familiar with the Financial sector to answer that.

Any takers?



To: kathyh who wrote (41961)5/18/1999 2:16:00 PM
From: Sheri Kohn  Read Replies (1) | Respond to of 90042
 
I'm no expert but I think when they raise rates it costs the banks more but they have existing loans which they can't change so their "spread "is less. Bad for the financials when rates rise.