Archive for May 3rd, 2010

No Inflationary Pressure on the Dollar
The yield curve is steep enough to signal that investors think higher interest rates will appear in the future, but how high? 10-year treasuries (^TNX) are currently yielding 3.68 and the historical rate for these securities is 4.31%. Not so high, the steepness is caused by last year’s low rates. According to the Fed “inflation [...]
Monday, May 3rd, 2010