Is this the Beginning of the End?

The rate of interest on the 10-year Treasury has been ticking up. Some prognosticators are calling for rising rates, trouble at the Treasury (when they roll lower-interest bonds at a higher rate), and the Beginning of The End.

Here is a graph to put it in perspective.


3 replies
  1. JR says:

    A graph I have put together from RBA statistics pretty clearly shows the correlation between falling rates (gov 10yr & interbank rate) & the rise & fall in the 12 month ended growth in ‘broad money’, which I take as a measure of system credit.

    It was published in one of the first editions of the GSI Journal but I’d be happy to send an updated version if you’d like to see it.

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