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There have been signs the housing market has stabilised, albeit at deeply depressed levels, and lower mortgage rates will bolster demand.
ECONOMIST: The Fed
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Investors world-wide are buying riskier, higher-yielding debt, as central banks' efforts to bolster economic growth have driven yields on the least-risky government bonds lower.
WSJ: The U.S. Is Back in Asian Debt
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The prospect of greater revenue flowing into federal coffers would probably help lower long-term interest rates because the government would need to borrow less down the road, and further bolster the economy.
FORBES: Obama Taps Value-Added Tax Sympathizer For Key Economic Advisory Post