Saving Rates Are Decreasing
Younger people in the workforce are not saving as much as the baby boomer generation did. We, as young people, millennials, do not have a high enough emphasis on saving for the future. We live more for the right now and we have a huge issue with instant gratification. I am at fault for this […]
What Happens if the 10-year Treasury goes to Zero? The Decline of Interest Rates & The Rise in Bond Prices
Over the last thirty years, the trend of interest rates has been declining. As interest rates decline, the price of bond that consumers can pay goes up. The Inverse Relationship between Bond and Interest Rates I will give you a quick example. If interest rates are 5% and bonds are $100, say the interest rate […]