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42-years ago this month 30-year Treasury yields hit 15%

42-years ago this month 30-year Treasury yields hit 15%
Just like today, long-term borrowing rates were grabbing headlines back in 1981.On September 9, 1981 it wasn't even front page news as US 30-year bond yields hit 15%. In fact, it wasn't even front page business news as it was relegated to page 12 in Section D."Long-term Treasury bond yields rose briefly to 15 percent yesterday, but even that record yield for a 30-year bond backed by the United States Government was not enough to attract much investor buying.This week the Government market en... Read More
Posted: Sep 25 2023, 14:24
Author Name: forexlive
Views: 090983

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