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| "Little Chicken" |
JUST A QUICK UPDATE FROM LAST MONTH ON THE PROGRESS OF NCUA'S ECONOMIC FORECAST OF RISING INTEREST RATES DURING 2014:
... as we await the Fed's next move!!!
1/02/2014 11/19/2014 12/15/2014
5-yr 1.72% 1.66% 1.58%
7-yr 2.41% 2.07% 1.90%
10-yr 3.00% 2.36% 2.12%
30-yr 3.92% 3.08% 2.74%
Don't know 'bout you, but if these rates go any "higher", think we're all going broke!!!
4 comments:
You need to understand the reasoning behind their thinking. It's all about the base no treble.
Jim - You did not mention what the NCUA Economist announced in his forecast. Would be nice to reconcile his forecast with actual results. Are you suggesting the markets are not paying attention to Debbie on Duke Street and her 300 bps rates up forecast? Are you suggesting Debbie is wrong? Seriously? Again? At least she is consistent.
Did you mean "Chicken Little" or am I just slow?
Yes.
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