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.
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Tesla to $10? - May 24, 2019
- Can the USPS Save itself with Automated Trucking? - May 22, 2019
- Will You Run Out of Money in Retirement? - May 21, 2019