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Blitzkrieg on Interest Rates as US, ECB, Sweden, Switzerland, China, UK Cut Rates

October 8, 2008

In what is likely an unprecedented step today, major central banks across the world cut interest rates in what was a concerted effort.
The United States, Bank of England, European Central Bank (ECB) cut rates by 0.5% each. The benchmark rates for each country are now as follows:

United States - 1.5%
ECB - 3.75%
Canada - 2.5%
UK - [...]

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Interest Rate Update

September 15, 2008

Prime Rate: 5.00%
30-Year Bond: 4.025%
10-Year Note: 3.398%
91-Day Bill: .0797%
Fed Funds: 2.00%
Libor (3-Mo.): 2.82%

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Interest Rate Update

August 19, 2008

Prime Rate - 5.00%
30-Year T-Bond - 4.434%
10-Year T-Note - 3.79%
91 Day T-Bill - 1.823%
Fed Funds - 2.00%
LIBOR (3 Mo.) - 2.81%

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Federal Reserve Leaves Interest Rates Unchanged

August 5, 2008

The Federal Reserve has chosen to leave the Fed Funds Rate unchanged at 2.00%. The Fed also hinted that the rate could stay there for some time, and cited the risks of inflation and slow-down as threats to the economy.

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Interest Rate Update

August 4, 2008

Prime Rate - 5.00%
30-Year T-Bond - 4.595%
10-Year T-Note - 3.97%
91 Day T-Bill - 1.70%
Fed Funds - 2.00%
LIBOR (3 Mo.) - 2.80%

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Interest Rate Update

July 28, 2008

Current Rates:

Prime Rate - 5.00%
30-Year T-Bond - 4.60%
10-Year T-Note - 4.03%
91 Day T-Bill - 1.65%
Fed Funds - 2.06%
LIBOR (3 Mo.) - 2.79%

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