Interest Rates Are Climbing Higher

After plunging from May to December, interest rates are rising again. The yield on the 90-day Treasury bill just peaked above 5%. The yield on the 30-year bond is also climbing fast and will probably break through 5% any day now. In fact, the yield may soon “revert” from its inverted status.
In May, the yield on the 30-year was 60 basis points over the 90-day. Then in December, it was 35 points under. Now they’re just about even.

Posted by Eddy Elfenbein on January 25th, 2007 at 1:31 pm

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