- The age of ever lower interest rates is more than likely over.
- Hat tip to the author (website on chart).
- Sooo...the retiree's were screwed with ultra low interest rates for the past few years. Many may have stretched their time frame out on the yield curve for the higher rates.
- Unfortunately they'll now learn the hard way, about the inverse relationship between bond funds and interest rates.
- As interest rates go up, the value of bond funds go down. OUCH!
UK Scientists Demand Free TV Time to Deliver their Emergency Climate
Briefing
-
"... we are calling for a televised national emergency briefing, so that
what happened in Central Hall Westminster can reach the public ..."
18 minutes ago


