They keep telling you that interest rates are going down.
But interest rates keep going up.
The US 10-year Yield and US 30-year Yields are hitting the highest levels since Mid-November.
In the near-term rate markets, US 1-year and 2-year yields have been up and to the right all year, also hitting the highest levels since November.
Meanwhile, your boy Joe Biden is literally out there telling people that rates are going down.
He said it again yesterday.
This Biden guy is either lying to you. Or he hasn’t even bothered to look.
And regardless of which side of the aisle you sit on, neither one of these answers is acceptable.
Why is the President of the United States lying to you about falling interest rates? [Read more…]