Trends Of U.S. Treasury Yields – July 16, 2015 Update

For references purposes, below are two charts that show the trend in interest rates for various Treasuries, including the 3-Month, 2-Year, 5-Year, 7-Year, and 10-Year. A chart showing the interest rate trends of the last 20 years, on a monthly basis: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by …

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Trends Of U.S. Treasury Yields – February 20, 2015 Update

For references purposes, below are two charts that show the trend in interest rates for various Treasuries, including the 3-Month, 2-Year, 5-Year, 7-Year, and 10-Year. A chart showing the interest rate trends of the last 20 years, on a monthly basis: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by …

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10-Year Treasury Yield – Long-Term Chart As Of January 7, 2015

Yesterday, the yield on the 10-Year Treasury went below 1.90%, before closing at 1.963%. As a reference, here is a long-term chart of the 10-Year Treasury yield since 1980, depicted on a monthly basis, LOG scale, with price labels: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) …

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Trends Of U.S. Treasury Yields – November 18, 2014 Update

For references purposes, below are two charts that show the trend in interest rates for various Treasuries, including the 3-Month, 2-Year, 5-Year, 7-Year, and 10-Year. A chart showing the interest rate trends of the last 20 years: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) A chart …

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QE2’s Effectiveness

This post is an update to that of December 9, 2010, “Measuring QE2 Effectiveness.” There are many different ways one could use to gauge whether QE2 is successful.  Of great significance, I am not aware of any official statement that specifically states the goals (and metrics of such) of QE2. However, lowering of interest rates, …

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Measuring QE2 Effectiveness

In announcing QE2 in their November 3 FOMC meeting, the statement contained the following excerpt: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. Currently, the unemployment rate is elevated, and measures of underlying inflation are somewhat low, relative to levels that the Committee judges to be consistent, over …

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Market Overview – Part III: Bond Market & Interest Rates

(this is the third in a series of five posts concerning the markets) The bond market is believed by many to be an asset bubble.  I agree with this assessment, and have written a few posts on the subject.  I discussed when it may “burst” and other considerations in an October 4 post. The chart …

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The Threat Of Rising Interest Rates

As seen on the following 10-year daily chart, the 10-Year Treasury Yield has been rising as of late: chart courtesy of StockCharts.com There is very little general expectation for a significant rise in interest rates.  In fact, the average economist forecast (as seen for the March 2010 Wall Street Journal Economist Survey) for the 10-Year …

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The Yield Curve As A Leading Indicator

Here is a link to the NY Fed’s page regarding the yield curve (specifically the 10-year rates vs. 3-month rates) as a leading indicator. What I find interesting is that the chart (pdf, at this link) plotting the current probability of recession indicates an imperceptibly small .04% chance of recession as of January 2010.  As …

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