Global Long Term Interest Rates
posted on: May 09, 2008
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Long term government bond yields have been on the rise recently, although the degree has varied depending on the country. In the US, UK, and Japan, bond yields are at or near their highs of the year and have broken downtrends that have been in place since the onset of the credit crisis. Interest rates in the Euro region and Canada have also risen, but the downtrend in rates for both regions is still mostly intact. Finally, in Australia, where rates have been in a steady uptrend for the last two years, yields are currently testing the upper end of that range.
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