We have been watching interest rates closely as well as a local born inflation gauge called the Trimmed Mean put out by our Own Dallas Federal Reserve….
Interest rate movement can be a predictor of better times ahead… Think reopening and also of future inflationary waves…
Here is a shorter termed graph of the 10 Year Treasury Yield….
Purposely a shorter term graph to exaggerate the recent movement…
Next up, we fly much higher to the ten thousand foot level to show you while rates are moving, they are far from sky high….
Higher rates can be a headwind to markets… fast moving higher rates would have a high probability of disruption…
Slower, gradual, less jittery rates may be just what the Dr. ordered… not too hot, not too cold…
We will be watching!
Have a Great “Watching Rates” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth