Economic news headlines

Still too calm? 30-year US treasuries sell at 4.52% yield – DeLongBeijing imposes steel duties on Russia and US – FT Greek sovereign bond yields rose 1.3% this week – FT Should there be a windfall tax in the US? – FT Money Supply As expected: BoE keeps rates at 0.5%; no extension to QE – FT Brazil Q3 growth of 1.3%, lower than expected 2.0% – FT Africa: focus on infrastructure, not trade policy – VoxEUDeere: Strong Brazilian currency increases loan defaults – FT World Bank launches eco-friendly EM stock market index – UNCMBS delinquencies rise to 4.47% in largest monthly increase – FT Alphaville Austerity: Spain promises to cut deficit to 3% GDP by 2013 – FT Greece pledges cuts in bureaucracy – FT Soros urges IMF to create $100bn climate fund for poor countries – FTWhat you see ain’t what you get: tiered pricing in credit card fees – Felix Salmon

“So sure, it’s fine to think of homes as investments, so long as the kind of investment you have in mind is the highly risky sort you wouldn’t recommend to anyone who didn’t have the ample knowledge and financial cushion you’d expect to see in a successful entrepreneur.”

The Economist on whether a home is an investment
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