Good News From Interest Rates

While the FOMC (Federal Open Market Committee) led by Jerome Powell have been lowering short term rates, see notes by us here, here and here….

Until just recently, longer term rates were following short term rates down…

While the FOMC does control short term rates, they have much less control of longer term rates and actually by lowering short term rates they were hoping for this….

Higher long term rates are our friend … Possible reasons:

Market participants way of being more positive
Tariff talks proceeding
Less fear
Expectation of future growth

10 Year Treasury Rate

If we showed a longer term chart you would see it still has a ways to go as we are only nearing 2% – half full guys… have to start somewhere… For now, good news!

Newsletter Under Way

We have some really neat items under way for the Q 1 2020 (yikes- did we just say that) Newsletter… we have found some great Government Public sources of information that we think you will really like – now on to pulling it all together for brevity and clarity — never thought those research paper skills would be so used – Sorry to all the English teachers that did not get full effort..yes you told me so! haha

Today is a chilly Friday and Thanksgiving is just around the corner…

Have a Great Friday and Weekend!

John A. Kvale CFA. CFP

Good News From Interest Rates – Friday