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I think there is a lot of money in money market accounts. As short term rates lower it will motivate people to move money into longer duration bonds which will keep those from going much higher.
I think the big question is inflation. If inflation continues upward, all durations of Treasuries will see yields increase. Good point though.
Whats quantitative easing?
printing money to cover govt spending
I think there is a lot of money in money market accounts. As short term rates lower it will motivate people to move money into longer duration bonds which will keep those from going much higher.
I think the big question is inflation. If inflation continues upward, all durations of Treasuries will see yields increase. Good point though.
Whats quantitative easing?
printing money to cover govt spending