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.


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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