Interest rates are the lifeblood of an economy. The cost of money impacts everyone in one form or another.
Money has been free for a while. Not anymore.* The chart below shows interest rates over the last year. Short-term rates are still pinned to the ground, while at the same time we’re seeing some serious liftoff 1-3 years out.
Money has been free for a while. Not anymore.* The chart below shows interest rates over the last year. Short-term rates are still pinned to the ground, while at the same time we’re seeing some serious liftoff 1-3 years out.
The 2-year yield is significantly higher today than it was a year ago, especially rela…
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