Skip to content
The Odessa

ELAM: Rates rise

ELAM: Rates rise
Photo: Odessa American (oaoa.com) · view original

This column has been anticipating higher interest rates for several years. That is now happening. The benchmark ten-year Treasury note has climbed to a 5% yield. Let’s reexamine how this happened. Interest rates bottomed in 1942. Rates would rise in a 39-year cycle. Then the ten-year note carried...

Sources and story details