And the start to that climb is occurring in the typical manner that most big moves occur: Few are aware that it has even started. But, it has. The key two-year Treasury rate bottomed in the summer of 2102 and has been trending higher ever since.
Monday, December 8, 2014
Something Hardly Anyone Gets: US Interest Rates Bottomed Nearly Two Years Ago
My view is that we are in the early stages of a massive long-term climb in interest rates. It will certainly last years, perhaps decades.
And the start to that climb is occurring in the typical manner that most big moves occur: Few are aware that it has even started. But, it has. The key two-year Treasury rate bottomed in the summer of 2102 and has been trending higher ever since.
And the start to that climb is occurring in the typical manner that most big moves occur: Few are aware that it has even started. But, it has. The key two-year Treasury rate bottomed in the summer of 2102 and has been trending higher ever since.
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Robert you could not be more wrong on this. There is still a few years left of low and lower rates and the increase will not be slow and long. When rates rise in 3-4 years it will be a very quick move to the upside. Double-digit rates for the 10 year UST in only a couple of months.
ReplyDeleteThe ten year will move below 2% again and we may likely see negative rates for the 2 year.
Please explain your reasoning for this.
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