August 1, 2013
Ron Garber, Executive Vice President and Western Regional Manager, First Capital
Stories this photo appears in:
The Rise in Long-Term Interest Rates and Its Effect on the Apparel Industry
Industry Focus: Finance
The recent jump in long-term mortgage rates and bond rates means that short-term interest rates will be seeing their own increases down the road as the economy improves. The question is how much more will manufacturers and retailers be paying to borrow money, and when will that happen?
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