I guess it's obvious why short term rates are near zero - to try and stimulate the economy, so the question is why are long term yields on the rise. Is it a simple lack of demand for long term treasury debt, meaning they have to increase the yield to sell those bonds?
If the difference between short and long term yields continues to widen, who is going to buy the short term debt?
Submitted January 18, 2021 at 05:48AM by dubov https://ift.tt/38U3WwY
