Word: rising
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...They lost money on their house, they lost money on stocks," says Tom Atteberry, co-manager of the FPA New Income mutual fund. "They put money in bonds because they think it's safe. Then interest rates are going to rise on them, and they're going to lose money on bonds...
...likeliest future path for Treasury yields, Atteberry figures - on the basis of history and the fact that rates have been kept low this year by Federal Reserve purchases, investor demand and other factors - is up. If you own a 10-year Treasury bond yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck at 3.5%) falls in value. That's the logic of bonds: when interest rates rise, bond prices fall. Since 1981, when the 10-year Treasury rate topped 15% amid fears of runaway inflation, the interest-rate trend has been...
...dime of which goes to social programs like scholarships for growers' children). That's 15¢ higher than the current market rate. And yet, according to Fair Trade researcher Christopher Bacon of the University of California, Berkeley, the per-pound price that's needed for farmers to rise above subsistence is really more than $2. Farmer advocates are urging the FLO to consider raising the price that much. But because such a big jump would probably mean Fair Trade could help fewer farmers - even Starbucks is likely to buy less java at that cost - the FLO is balking. "What good...
...morning person and have had my fair share of 9:52 a.m. battles in the past. But on Tuesdays and Thursdays this semester, I can magically rise and shine without a struggle. What’s changed? I’m auditing a class...
...third critique is that Afghanistan is simply too violent for anything constituting success to happen there. This is highly misleading. While violence is on the rise, it is nothing on the scale of what occurred during the Iraq war - or even what happened in U.S. cities as recently as 1991, when an American was statistically more likely to be killed than an Afghan civilian was last year. Finally, critics of greater U.S. involvement suggest that there is no realistic model for a successful end state in Afghanistan. In fact, there is a good one relatively close at hand: Afghanistan...