The 10-year note yield rose 21 basis points today to 2.720%. The 30-year bond yield rose 18 basis points to 3.672% and the 5-year note yield rose 18 basis points to 1.598%.
Keep in mind that the 10-year rate was over 5%, in 2007. I see no reason why it can climb back to those levels.
10 year rates at 5%, but monthly bills at 0? I don't see it happening.
ReplyDelete