Friday, December 7, 2018
UPDATE ON THE TWO-YEAR RATE COMPARED WITH THE FIVE-YEAR RATE
Related to my blog post from November 28, 2018 available here, data that I saw on CNBC show that the five-year interest rate on U.S. Treasury debt dropped below the interest rate on two-year U.S. Treasury debt earlier this week. What, if anything, does this indicate about economic growth in the U.S. in the future? Will the ten-year U.S. Treasury interest rate wind up less than the two-year Treasury rate?
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