Thursday, October 4, 2018

The 5-year rate is above 3%

Yesterday (10/3/18), the 5-year treasury yield rate went to 3.02%.  While it may drop below 3 again, I find this significant.  When was the last time the 5-year rate was at 3% or higher?  I think on 10/14/08, when it was at 3.01%.  (It dropped to as low as 1.26% on 12/18/08).  So almost exactly 10 years ago.

No comments:

Post a Comment