SLO County local news

Main Street: A sell-off in the bond market could make it more expensive to buy a

KSBY reported that a sell-off in the bond market could make it more expensive to buy a car or use a credit card. Karan Ramchandani reported that the market is volatile. Things are changing very fast and we don't have a direction,.

Karan Ramchandani reported that it's a little bit like paying your mortgage with your credit card,. Karan Ramchandani reported that it can work for a while, but eventually the mismatch starts to become more obvious. Karan Ramchandani reported that anything that happens within a 24 hour period is noise,.

Karan Ramchandani said, “The market is volatile. Things are changing very fast and we don't have a direction,”.

Estimates indicated that this week, the U.S. Treasury announced a plan to buy more bonds. It's having a direct impact on the economy and your wallet. Here's the simplest way to think about it: When you take out a loan, the bank charges you interest. The….

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