Summary Box: Rates climb after earnings reports, economic numbers chill demand for safe havens
By APWednesday, February 17, 2010
Summary Box: Interest rates gain in bond market
WHY DID INTEREST RATES RISE? Earnings from Deere & Co. and Whole Foods Market Inc. as well as improvements in home construction and factory production signaled that the economy is improving.
HOW WOULD A REBOUNDING ECONOMY HURT TREASURYS? A stronger economy would boost corporate profits and make riskier investments like stocks more attractive.
WHAT ELSE DROVE TRADING? Minutes from the Federal Reserve’s last meeting showed that policymakers are somewhat more upbeat about the economy.
YOUR VIEW POINT
