Investor Appetite for Bonds in a Tepid Recovery Weighs on Rates

With fear of a double-dip recession looming investors are flocking to bonds thereby driving rates down.  This is great for borrowers, but horrible for savers.  The driving down of interest rates effects your savings accounts, CD's and Money Market rates.  Economists believe rates will continue to go down, punishing savers and rewarding borrowers.  It seems we are in a free fall that feeds on itself.  [ read more... ]