Direction of long-term interest rates
Today I plan to organize in more depth in an article what I analyzed in yesterday's stream.
A headline like “Long-term interest rates won’t stop rising” makes it hard to grasp the actual situation; what is causing them and how they are acting to reach the current rates is not a single factor, making it hard to identify, with differing timelines existing in the past, present, and future on the schedule. Moreover, it’s not just one country—Europe has its own circumstances, the United States has its own, and Japan has its own—each pushing higher and mutually lifting each other, which is probably important.
From here, we will place on the timeline what is currently pushing long-term rates higher, what has already been resolved, and what may be added this fall, and consider which direction global long-term rates are more likely to move in the future.
If you can see that, it will be easier to grasp the direction of the stock market, the trends in the currency market, and where it might head.