Interest rates are the price of money, or one might say the price to rent money. The US Treasury Yield curve represents the rate of interest across the maturity spectrum…
The bond market is an enigma of sorts. Back in 1980, the total public debt of the US Federal Government was just under $1 trillion. Fast forward to today, and The…
Real estate has performed far better than we expected since the financial crises. Did we think there would be some kind of recovery? Yes, but we thought it would look…