Detailed text transcripts for TV channel - CNN - 20161230:09:49:00
They are tied to bond market rates. i'll give you perspective here. with the jump, the average rate in 2016 was the lowest on record for the past 45 years. keep in mind the fed is on a trend to raise interest rates. before the fed went ahead and raised rates this month, interest rates were going up. >> the 20,000 mark looks like it will not happen. this year. >> probably not this year. never say never. security being stepped up in a big way here in new york ahead of the big new year's eve festivities in times square. new steps taken to protect millions ringing in 2017.
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