Interest Rates are on the Move
February 2018
Interest rates have moved up significantly. The yield on the 10-Year Treasury, as of February 15th, stood at 2.9% which is the highest level in four years. This represents a dramatic upward move from the 1.4% low reached on July 8, 2016.
Many investors are pointing towards increased inflation fears fueled by recently published statistics of average hourly earnings and consumer price indices. If the Federal Reserve . . .