Markets & Economy

Falling interest rates reflect need for jobs, income growth

Bond investors are not idiots, so stick with the simplest answer
Published on May 30, 2014

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Many threads, much confusion. Most important, a simultaneous event and indicator: the 10-year T-note broke below 2.47 percent, mortgages to low-fours. The chart could not be more dramatic; if not a temporary head-fake, long-term rates can fall a long way. ...

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