Rising Interest Rates Starting To Bite

“We have long held that interest rates have been so low (especially real rates) that it will take some time to reach a level for them to really matter and impact markets. The 2-year yield crossing over the S&P500 dividend yield this past week for the first time in the last ten years is unlikely to slow the momentum driving risk markets.”

Source: Rising Interest Rates Starting To Bite

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.