Monday, August 01, 2011

Yet another reason to never pay attention to interest rate forecasts

Yields--especially long-term yields--were supposed to rise on news of a debt ceiling deal; at least that is what I read would happen.

Bloomberg's end-of day yield curve, along with changes in yields for the day, is above.  Oh well.

2 comments:

Phil Grahm Salt said...

The debt deal is approved but the market and the country in general are not confident of the future. Everybody sees gloomy economic outlook ahead. :(

Perth Property

davelindahl said...
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