Long-term interest rates are surging. After falling below 2.40% in October, the ten year T-note yield has risen to 3.26%–an increase of 86 basis points. An investor who purchased long bonds at their yield low is down almost 7% in only two months. That’s almost 3 years worth of interest.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Suppliers Suffer When Apple Clouds iPhone Orders in Mystery - November 19, 2018
- This is What Can Happen When You Invest Without a Margin of Safety? - November 16, 2018
- Here’s why Diversification is Vital - November 15, 2018