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| "When things are unpredictable, it helps to be unaccountable...." |
Thought you might like a quick update on the continuing melodrama of "missed-by-a-bit more-than-a-mile" interest rate forecasting by those infamous robusterians....
1/2/14 12/31/14 1/6/15
5-yr T-bill 1.72% 1.65% 1.44%
10-yr T-bill 3.00% 2.17% 1.92%
30-yr T-bill 3.92% 2.75% 2.53%
... would be humiliating, humbling - or at least embarrassing - for most folks !
5 comments:
Did the NCUA ever publish their interest rate projections for 2014 or for any other year?
"But you do not understand. The sky is falling, the sky is falling".
Queen Chicken Little
Think NCUA's general forecast of rates provided to individual credit unions has been:
"We don't have one, but we don't like yours."
Another famous quote " we've agreed to cover it ". Stated in response to the cost of the NCUA caused data breach. Does the Queen mean she will write a check? Or does "we've" refer to the already over charged credit unions?
As you said soar, baby, soar!
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