Page 16 - Commodity Traders News Today

After having sat at around 2.4% for a long time, have been speaking upward. like that. and they got as high as about 2.85% the day before yesterday. higher interest rates are the enemy of the market. because it gives people another place to put their money and earn a high return. >> and nobody likes, obviously likes higher interest rates. but again money has been basically free for the past 15, 16 years. interest rates have been historically low. and so rising interest rates have to be coming at...

Not so stocks,. >> bad reaction in stocks. potentially gold could go up. you could even see a rally in treasury bonds come monday morning this was so well telegraphed. i know because you are a nerd, you are a huge geek. im going to be geeky as well. whats going to happen though. >> neil: why couldnt you say you are a geek and leave it at that? >> two peas in a pod. whats going to happen because you have -- the u.s. has a lower credit rating, that could force many funds to sell, say lower quality...