Rush Limbaugh

ON AIR NOW

Rush Limbaugh

9:00am - 12:00pm

Contact
Local News


A Bend financial advisor says the financial markets are pointing to an 11th hour resolution to the debt ceiling quandary. Troy Reinhart with Northwest Quadrant Wealth Management says despite the dramatic political dialogue, the Stock Market doesn't seem overly concerned: “I think even more telling is that the 10 year treasury is trading at 2.9 yield which is the lowest its been; even during the cataclysmic March of 2009 when we were melting down all over the place. So the Bond Market is saying we are not going to default on the debt.” Monday, credit rating agency Moody's, surprised some and said the United States would be better off if the ceiling was eliminated entirely.

 

 

Share
News
Traffic

 

 

  • SB Lane of 15th St. CLOSED >< Reed Market Road and Ferguson Road (8/4 – 11/30)
  • Butler Mkt Rd CLOSED >< 27th and Weeping Willow Dr RAB (8/11 – 9/30)
  • Single Lane Closures/Flaggers/Pilot Car at Old Bend-Redmond Hwy/Tumalo Rd Intersection 7am – 6pm (8/9 – tfn) RAB Construction

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER