Thursday, August 15, 2013


Chart of the Day: 10 Year Treasury Yields from 1962 to July of this year

I added in a trend line going back to 1995ish and another that is just a few years old.  A move above 4% would break these trend lines and signal a period of higher interest rates.  My guess this will be a result of high debt but the long term will be driven, I hope, by economic growth.  I really don't think inflation or hyperinflation is a risk.

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