A New Long-Term Cycle For Interest Rates?
(Audio length 00:13:52)
Dana Lyons joins pinch-hitting host Chris today for a discussion of long-term interest rates. From a historical and technical perspective, Dana suggests that the low for long-term bond yields from the mid-2016 time frame is likely THE cycle low for years–even decades–to come. Key going forward will be the 3.4 – 3.6% area on the bellwether 10-year Treasury. If we eventually get above that level it would arguably confirm a new long-term UP cycle for rates.
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Indeed long term rates rising above 4% would not just be a dramatic change, it would be bad for all the other asset classes namely housing and those holding massive sums of US Treasuries at low rates.