- 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!
After Solar and Wind Farms Suddenly Sprang Up, Citizens and Local
Governments Sprang Into Action
-
Now, private citizens and public officials are pumping the brakes, trying
to slow a movement in which momentum exceeded readiness, politics
outweighed pl...
1 hour ago


