The Long-Term Yield Conundrum. One reason that the10-year yield has remained below where economic fundamentals suggest it should trade is that the Federal Reserve set short-term interest rates near zero.
Tag Archives: 10 Year Treasury Yield
2017: Dow 23,750, S&P 2700. We have used the metaphor of the “Plow Horse” to define the US economy since 2009 – an economy driven by new technology and entrepreneurship, but held back by the friction of a growing and burdensome government.