Last night in our first Thirsty for knowledge Thursday
of the New Year we the state of the state of the financial markets and where we see things headed from here. It was a little bit of looking back to see what's ahead with a little forecasting, some predicitons, and a little juju from a Magic 8 Ball in with what we call "Trendcasting".
And one of those trends discussed was on the current state of the 10 year US Treasury
On 1/6/2021 the yield on the 1o year US Treasury closed above 1% for the first time since March of last year. This was not momentous, and nothing that should incite enthusiasm or caution. However, the yield has continued to climb up by 20 basis points (a basis point is 1/100 of a percent) from the beginning of the year.
This could be a warning sign
Maybe just a blinking yellow light at this point, but if the yield continues to climb and goes up another 20% then we could be looking at something more concerning, let's call it a flashing yellow light
at that point. Because the spread between the 2 year yield (Federal Reserve Bank has great influence over this number) to the 10 year yield is widening as well, and that can influence; inflation, housing, and the economy overall. So while it may seem like a littel deal right now, keep an eye on those treasury yields as we move forward to help with your investing decisions.
Have Questions? Ask Us. We Can Help That!
On Sunday night we will premiere the highlights form this weeks webinar, The state of the State of the Financial Markets on our Youtube Channel.
Want to watch the whole episode? Just go to the events page at www.ariesfoundation.org.
And join us next Thursday night
for the
next episode of Think With A Drink
as we discuss PRE-RETIREE CHECKLIST
Our mission is trying to help everyone have a better relationship with their money.