Tag: Interest rates

The long and the short of it

Right now there is essentially universal agreement that interest rates are going up. And this prediction holds for long-term interest rates as well as for the typically far-more-predictable short-term interest rates. Do you know why short-term rates are typically more predictable than long-term rates? It’s because those are the rates […]

Of basis points, beeps and bips: the atoms of interest rates

Today I have something short and purely educational for you. Interest rates are in the news today. Greenspan et al. are meeting, and there is unanimous agreement among the punditocracy that he will raise short term interest rates (the only interest rates over which he has much power) by 0.25%. […]