- 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!
Pakistan’s Deadly Floods Are Not Worsened by Climate Change, BBC
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The BBC turned the piece that could have been a rational criticism of
corruption that leads to major infrastructure issues and human deaths into
a propagan...
3 hours ago


