Thursday, September 23, 2021
HomeNewsInterest rates were not so low in 5,000 years - n7t

Interest rates were not so low in 5,000 years – n7t


How about this in previous comparisons — rates of interest are the bottom in 5,000 years.

It is a discovery in Financial institution of America’s newest stream present report. It is a quantity that was beforehand deleted for equity.It’s based mostly About the 2005 book on the history of interest rates, However the charts are nonetheless unbelievable to search for.

David Jones, Director of World Funding Technique at Financial institution of America, stated:

A Financial institution of America report famous that there was a file weekly influx of $ 3.2 billion into Treasury inflation safety securities. The assumption in low rates of interest additionally has an inflow of tech shares that are usually larger.

The ten-year Treasury inflation-indexed bond hit a file low of minus 1.15% on Thursday.

10 yr yield
TMUBMUSD10Y,
1.239%

It was 1.25%.

S & P500 Index
SPX,
-0.44%

Regardless of inventory futures, Thursday closed on the second highest degree in historical past
ES00,
-0.37%

He identified that the beginning on Friday was low.

Rates of interest weren’t so low in 5,000 years

Source link Rates of interest weren’t so low in 5,000 years

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