June 10, 2009

Remain calm. All is well.

Hmmm - interest rates rising when there's no recovery in sight.  What could possibly go wrong?

Rates on the 30-year T-bill are up some 90% (4.67%) over their lows of 7-months ago (2.5%).  At a time when unemployment is ramping up and predictions of economic recovery are being backed out into 2010.

But I'm sure it will all and well.

Because we have a cool new President - with great pecs.

H/T streetwise.

Posted by: DocJ at 12:45 PM | No Comments | Add Comment
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