For every day we wait or point fingers or drag our feet, more Americans will lose their jobs. More families will lose their savings. More dreams will be deferred and denied. And our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.
--Barack Obama
Corporate vs Treasury Debt Duration
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From 2008 through 2022, the 10-year Treasury yield was never above
3.25%; it spent nearly all of 2019–21 under 2%, while the 30-year bottomed
at ~1% ...
4 days ago
1 comment:
Scary stuff. I think we are well past a point of 'the only thing to fear is fear itself.
BTW, my fellow Sacramentan, Theres a very sobering article in the Sacramento News and Review, called "Hard Times" that suggests our area may have a particularly tough time. Batten down the hatches.
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