Compare that to the 10y and 30y.
It will likely reverse course just as quickly if you ask me. The #fed is going to try to hold but I dont think they will be able to.
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Compare that to the 10y and 30y.
It will likely reverse course just as quickly if you ask me. The #fed is going to try to hold but I dont think they will be able to.
Oh I agree, I just think that 5% level is unsustainable, just like the GCF 15 years ago. If the powers that be were actually interested in building longterm value, they'd invest in important infrastructure during low-% rate years
There simply is not enough money to sustain higher interest rates. This is where Friedman's interest rate fallacy enters. Liquidity is a bigger variable than interest rates ayway since gov't is the largest debtor.