Rising Rates

Published By: Editor
Published On: 10th March 2022

While the Russian invasion of Ukraine is already raising inflationary pressures due to rising prices for a broad range of commodities including oil and wheat, long-term rates have counterintuitively fallen since the war began. This is because of a massive investor flight-to-quality. This rate dip, like similar ones in the past, is likely to be short-lived, and the Fed is going to begin a rate rising cycle next week.

Elliot Eisenberg, the Bowtie Economist <elliot@graphsandlaughs.ccsend.com>