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)
- Walmart Adopts IBM’s Blockchain for all U.S. Suppliers - September 25, 2018
- Is This the Beginning of Streaming Consolidation? - September 24, 2018
- Tech Loses its Biggest Stars - September 21, 2018