- 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!
Select Weekly Climate and Energy News Roundup #688
-
“The ignorant person affirms, the scientist doubts, the wise person
reflects.” — Aristotle
The post Select Weekly Climate and Energy News Roundup #688 ap...
1 hour ago
