Will some nice person who follows these things carefully (I sure don't) please let me know what the expectations are for next week? I'm looking at refinancing and don't know whether I should lock or wait till Wednesday. Should I consider the market's expectation to be already priced into prevailing rates? Thank you.
All I can tell you is there will be a great deal of government debt issued next week. Draw your own conclusion.
I doubt Bank of Bernanke will comment on all that subprime and CDO garbage that's on the books : Bear, AIG Dumped $74 Billion in Subprime, CDOs on Fed