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Interest rates on treasury notes need to rise, period the end. Yes, I understand the implications and entailment, but don't care about the risks. The cure has
by parasense 5y ago
Interest rates on treasury notes need to rise, period the end.
Yes, I understand the implications and entailment, but don't care about the risks. The cure has side-effects, yes... we get it, but low interest rates is cancer that cannot be allowed to become systemic new-normal nonsense. 10 or 20 years from now is when we see the lagging effects, and of course the problem we have now is short-term thinking.