Daily Archives: August 31, 2012

Thinking About The Big Finale For Interest Rates

If you had to pick one chart that summarizes the big picture in economics and finance over the past generation or so, what would choose? How about the benchmark 10-year Treasury Note yield? Not only does this history tell us quite a lot about where we’ve been in macro and markets, the 10-year yield’s track record also provides perspective on where we may be going and what we should expect.

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