The Fundamentals Of Interest Rates
Interest rates rose during three previous periods in history.
During the economic/inflationary spike in the early 1860s
The “Golden Age” from 1900-1929 saw inflation rise as economic growth resulted from the Industrial Revolution.
The most recent period was the prolonged manufacturing cycle in the 1950s and 1960s. That cycle followed the end of WWII when the U.S. was the global manufacturing epicenter.