With the usual caveat that I’m not a bond guy (seriously, what’s the point?) I took a fresh look at interest rates on the 10-year note. The obvious downtrend over the past 15 years is well-captured by the purple channel below. It has been marked, however, by a series of rising white channels, some of … continue reading →
Tag Archives: treasury notes
First, an important caveat: I’m not a bond guy. Never have been, never will be — at least with long bonds under 8%. I find the idea of sinking even one dollar into a security (on credit watch, mind you) that guarantees less than 2% for 10 years ridiculous. But, different strokes and all that. … continue reading →