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| Long-term interest rates increase or decrease based primarily upon the market's view of
inflation. When the markets expect inflation, long-term rates will rise (or decline less than
short-term rates).
Other than inflation, long-term rates are also impacted by the outlook for the general economy,
the strength of foreign economies (the degree to which they are investing in the US), the strength
of other investment opportunities (e.g. the stock market), and government spending/tax activities.
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