"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Tuesday, August 3, 2010
The Living Yield Curve - Investing - Bonds - SmartMoney.com
This link shows how interest rates, as represented by the shape of the yield curve, have changed month by month between March 1977 and the present.