- 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!
If António Guterres Can’t Get Basic Facts Right, Why Should We Believe the
UN on Anything?
-
Antonio ‘boiling’ Guterres’s constant hysterical pronouncements are
risible. But he is still the head of the UN – the parent-organisation of
the Intergover...
1 hour ago