More on Treasury yields.

Made this chart of random dates from the past 15 years, showing yield rates (1 month to 30 years).  There are explanations as to what different curves mean with regards to the current mood of the economy, relative to future expectation.  Usually a flat (horizontal) line, refers to uncertainty in the markets about the future.  A normal curve is one where short term bonds are very low in yield, and the longest term bonds have the highest yield rates.

What is worth noting, is that the yield curve based on today's rates, is generally lower than it has been for much of the past 15 years.


Again, if you're going to borrow money to spend on deficit spending, now's the time to do it. Who knows what'll happen in the future, but contrary to what people are talking about when they bring up austerity measures, market confidence seems quite strong in the US' ability to pay back its debts, don't you think?