Interest rate direction...

[radha08]

Dont worry be happy.....

http://finance.yahoo.com/news/feds-yellen-backs-holding-rates-022753631.html;_ylt=AgQSAo54CR3AgRXgZKU23ZOiuYdG;_ylu=X3oDMTN1aTVsamVmBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnA2E3M2NkZmU5LWI4YmEtMzU2YS05NjllLTQ5NGNlNDc0YmM1OARwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzM0YzQ1ZDgwLTJlMDMtMTFlMi1iYmU1LTkyMmU5Y2I5MDZhYQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

[sherlock]

After forcefully lowering interest rates for 5 years... wonder what's going to happen when it finally goes up? I'm hoping for property prices to come down... :cool: But then, thats what everyone's been waiting too right?

[Allthepies]

Dont worry be happy.....

http://finance.yahoo.com/news/feds-yellen-backs-holding-rates-022753631.html;_ylt=AgQSAo54CR3AgRXgZKU23ZOiuYdG;_ylu=X3oDMTN1aTVsamVmBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnA2E3M2NkZmU5LWI4YmEtMzU2YS05NjllLTQ5NGNlNDc0YmM1OARwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzM0YzQ1ZDgwLTJlMDMtMTFlMi1iYmU1LTkyMmU5Y2I5MDZhYQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

2016, good good good

[CondoWE]

After forcefully lowering interest rates for 5 years... wonder what's going to happen when it finally goes up? I'm hoping for property prices to come down... :cool: But then, thats what everyone's been waiting too right?

Yes and No. Yes for HDB to drop and No..for the private properties as I'm hoping it to bloom further....:D !

[Sea Esta]

Dont worry be happy.....

http://finance.yahoo.com/news/feds-yellen-backs-holding-rates-022753631.html;_ylt=AgQSAo54CR3AgRXgZKU23ZOiuYdG;_ylu=X3oDMTN1aTVsamVmBG1pdANGaW5hbmNlIEZQIE1lZ2F0cm9uIDIEcGtnA2E3M2NkZmU5LWI4YmEtMzU2YS05NjllLTQ5NGNlNDc0YmM1OARwb3MDMQRzZWMDbWVnYXRyb24EdmVyAzM0YzQ1ZDgwLTJlMDMtMTFlMi1iYmU1LTkyMmU5Y2I5MDZhYQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

The later the better. 2016 is good.

[roly8]

good lor
:banghead::banghead: for no-property owner

[Laguna]

I don't hv a big calculator
can someone here compute for 0.25% increase in interest on debt of US$16.3T is how much a day....
I lost count

[ikan bilis]

Anybody knows what brand of printer USA Fed uses ??... think is very reliable... they can run the printer 24hrs x 7 days x 52 wks x 3 yrs until 2016... continuously working non-stop and not getting spoilt... i wanna buy 1 same model also... ;)

[lifeline]

I don't hv a big calculator
can someone here compute for 0.25% increase in interest on debt of US$16.3T is how much a day....
I lost count


= US$111mil per day

[ikan bilis]

= US$111mil per day

but, those T-Bond are already sold long ago and interest rated fixed when sold mah... ;)

[Laguna]

but, those T-Bond are already sold long ago and interest rated fixed when sold mah... ;)

yes, but if the interest rate remains low, the bond price will go up...
Bond prices have been going up for 10-15%pa in the last 2 years

I think the ghost bro provided a link before that the daily interest payment by US is US4b a day. 9% pa...Did I get it right?

[ikan bilis]

yes, but if the interest rate remains low, the bond price will go up...
Bond prices have been going up for 10-15%pa in the last 2 years


think nevermind lah... now biggest US Treasury securities holder should be USA Fed,... they print, they take back some interest from USA gov, they make some $$ from treasury sale later also... oops!... paiseh... i also lost now,... me also got confused of what is going on and what will happen next... :D :banghead:

anyway, giant USA got 314mil population,... $112mil/314mil = $0.35... per person pays extra 35cents tax each day... ask them to step on accelerator more gently can liow.... :D

[ikan bilis]

I think the ghost bro provided a link before that the daily interest payment by US is US4b a day. 9% pa...Did I get it right?

got to find out the average interest rate for all their treasury bond existing in the market... but think should not be 9% so high... last time USA got AAA rating...

[Laguna]

got to find out the average interest rate for all their treasury bond existing in the market... but think should not be 9% so high... last time USA got AAA rating...

I calculated, should be around US42.4B a day, very scary also.
How do they fund the interest payment, print more and roll over...

[ikan bilis]

I calculated, should be around US42.4B a day, very scary also.
How do they fund the interest payment, print more and roll over...

no-lah... get rid of those too many zeros behind...
16.3T = 16300bil

at 9%,... 16300bil * 0.09 / 365 = 4.02bil per day..
at 4%,... 16300bil * 0.04 / 365 = 1.79bil per day..

[ikan bilis]

can usa congress pass some law and come out some perpetual treasury bond ??... and FED's botak ben will help to make sure that bond's interest rate is at <1%... :hell-hath-no-fury: :D :cheers5:

[Laguna]

How I see the solution of fiscal cliff is to extend whatsoever tax breaks they have now...and print more money

and tax more on the rich

[radha08]

How I see the solution of fiscal cliff is to extend whatsoever tax breaks they have now...and print more money

and tax more on the rich

bro u back in town...or u got free wifi down under..:D

[price]

wow good news that interest rates are to remain low! but how are property prices ever gonna go down!?

[FREDDIE]

wow good news that interest rates are to remain low! but how are property prices ever gonna go down!?


If Interest remain low property price will go up.
People take loan to buy property.

[price]

If Interest remain low property price will go up.
People take loan to buy property.
ya dude thats what im asking:doh:

[radha08]

ya dude thats what im asking:doh:

so dont think if THE PRICE IS RIGHT...just HOOOOOT....:cheers5::cheers5::cheers5:

[bakasa2002]

If Interest remain low property price will go up.
People take loan to buy property.

probably will rise but gahmen will ensure that it will not runaway. KBW has his bazooka ready to shootdown runaway train ...

[Laguna]

bro u back in town...or u got free wifi down under..:D


still at Melbourne
back next week....
where got free wifi.
A$8 for one hour
A$16 for 24 hours
A$36 for 6 days
and only 512 ADSL

[DC33_2008]

Singapore is still better. :D
still at Melbourne
back next week....
where got free wifi.
A$8 for one hour
A$16 for 24 hours
A$36 for 6 days
and only 512 ADSL

[chestnut]

still at Melbourne
back next week....
where got free wifi.
A$8 for one hour
A$16 for 24 hours
A$36 for 6 days
and only 512 ADSL

Huh? Hotel no free wifi? Public every chargeable.

[dtrax]

still at Melbourne
back next week....
where got free wifi.
A$8 for one hour
A$16 for 24 hours
A$36 for 6 days
and only 512 ADSL

Got a new device these days, connect it to the LAN cable in the hotel and it will auto decrypt and wala connect it via wifi with ur
Comp... Free Internet song song surf condo sg no day no night

[DC33_2008]

I was staying in a five star hotel in brisbane and still have to pay for wifi either daily rate of weekly rate. :(
Huh? Hotel no free wifi? Public every chargeable.

[phantom_opera]

aiya ... what is wi-fi charges compared to ABSD, BSD or SSD :tongue3:

[chestnut]

Got a new device these days, connect it to the LAN cable in the hotel and it will auto decrypt and wala connect it via wifi with ur
Comp... Free Internet song song surf condo sg no day no night

Yup. Portable router. The best gift to travelers.