Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

Is the Fed planning yet another hike in short-term interest rates? Stock and

bond investors certainly are behaving like it will. Bond prices plunged,

forcing the yield on the 30-year U.S. Treasury bond to the highest level in

more than two years. Stocks took a pounding as well. On Sept. 20, the Dow Jones

industrials dropped more than 67 points, its worst hit in six months. The only

stocks doing well of late are those that benefit from inflation, such as gold

mining, aluminum, metals, and paper

companies.