Thursday, May 17, 2018

Rising Interest Rates


Chart above from Charlie Bielo's twitter page shows the dramatic rise in interest rates this year.  In retrospect rages really began their move higher about a year ago but the biggest part of that increase began around the beginning of 2018.  Rates on the short end of the curve have moved a bit over 50 basis points {.50%} during that time.  That's a big move in such a short period.  Again, according to Charlie, short-term rates are at their highest levels since 2008.  

More on this at a later date.

Back next week at something I hope approximates a more normal posting schedule.