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8-25-26 Are Today’s Interest Rates Really That High
Interest rates are rising, long-term bond prices have pulled back, and investors are once again worried that higher Treasury yields could threaten the economy and markets. But what if today’s rates aren’t historically high at all? After more than a decade of near-zero rates and easy monetary policy, investors may have become accustomed to an environment that was anything but normal. Lance Roberts & Jon Penn put today’s interest rates into historical perspective, examine what higher yields really say about inflation, growth, debt, and deficits, and explain why a 5% long-term Treasury yield may…
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