Why the Shape of Interest Rates Matters
Is Something Happening Here?
Stocks have received the lion’s share of attention in recent years because their prices have steadily risen (10-year return +9.9%) while bond returns remained anemic (10-year return +3.6%) and because, let’s face it, bonds just aren’t that sexy. However, with the recent uptick in wage inflation, there is a real possibility that interest rates will start rising…Read More…
