3 ms·
is 2.93% really such a scary rate? It's still historically very low.
by sempron64 9y ago
is 2.93% really such a scary rate? It's still historically very low.
- AnimalMuppet 9y agoWell, it's a big change in a short time from 2.4%. It's more the first derivative[1] that's scary than the actual value. Of course, the first derivative is only scary if you're expecting it to continue for a while. That's forecasting, or guesswork, or something besides just observing the current rate. [1] "Derivative" in the calculus sense, not in the financial instrument sense.