Rep. Barney Frank interview – my comments

Here is a recent interview of Rep. Barney Frank on CNBC.  I found the first few minutes to be interesting, as well as disconcerting in many ways: What nearly everyone, especially the decision-makers in Washington, don’t seem to grasp is the risks inherent in large-scale market interventions.  One question to ask might be, “If large-scale market … Read moreRep. Barney Frank interview – my comments

10-year Treasury Yield

It is interesting that there has been relatively little commentary on the increase of the 10-year Treasury yield. In my opinion the rise is significant in many ways.  Perhaps chief among them is the fact that the yield has risen sharply (to a current 3.46%) despite a large-scale intervention designed to bring yields lower.   This divergence is significant because it … Read more10-year Treasury Yield