Interest rates have historically followed Real GDP. The below graph plots the 10-year Treasury at constant maturity vs. the year-over-year change in Real GDP as measured each quarter. It will be interesting for markets (“interesting” meaning “disruptive”), should the Fed tighten in what is now a slowing economy in Real GDP terms.
Reach us at info@tek2day.com if you would like a copy of the Excel file behind the graph.
You must be logged in to post a comment.