Long Term Interest Rates Plunge to 2.9% Despite the Federal Reserve’s (the Fed) policy of slowly raising rates to “Neutral”, the Bond Market won’t cooperate. On Thursday, yields fell to a level that, not long ago, seemed UNTHINKABLE. The Mini-Slideshow below illustrates the dramatic downward moves in 5 year, 10 year and 30 year maturities. […]
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