
See if you can figure out which of these data points conflicts with the others: The U.S. economy grew at an annualized, inflation-adjusted rate of 6.5% last quarter; it added an estimated 850,000 jobs last month; consumer prices have risen 5% over the past year; and the 10-year Treasury note yield has recently fallen to 1.2%.
If you guessed the Treasury note yield, you’re right. Such a low long-term interest rate is totally inconsistent with rapid economic growth, strong job gains and high inflation. What gives?
"low" - Google News
August 09, 2021 at 04:00PM
https://ift.tt/2VvQ2xm
Bond Yields Can't Stay This Low Forever - Bloomberg
"low" - Google News
https://ift.tt/2z1WHDx
Bagikan Berita Ini
0 Response to "Bond Yields Can't Stay This Low Forever - Bloomberg"
Post a Comment