Thursday, August 22, 2013

Soaring Interest Rates

Via Big Charts, here is the chart for the interest rate on the 10 year US Treasury Note. This climb is no surprise to EPJ Daily Alert readers. I expect interest rates to advance for years. First stop at or around 5.0%.



2 comments:

  1. Doubling in 4 months!! admittedly from a very low level, that will have some people squeaking.

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  2. Unfortunately, looking at interest rates in a vacuum is fraught with error.

    There is neither economic growth nor sufficient inflation available to support current rate levels or those with projections of even higher rates in the near to intermediate future. It's funny how rising interest rates, stock market tops and looking backward at the best economic statistics in a few years all go hand in hand.

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