Loan strain grows before Sept. 15-16 Fed meeting

Bond investors doubt shoppers can handle higher rates before the Fed's scheduled Sept. 15-16 meeting. Reuters said Sept. 14 the gap between short- and long-term Treasury IOUs shrank, like short and long rentals costing the same. 65 of 93 economists in Sept. 4-9 Reuters poll expect rates stuck at 3.50%-3.75%. I see loans hurting without stronger growth.