The New Economic Order Will Hold Down Interest RatesBy
This time last year, a BUSINESS WEEK survey of 50 economists projected that the benchmark 30-year Treasury bond would be yielding 7.9% right now. Not even close. At about 6.25%, the yield stands at a 21-month low, and from all signs, it's on the verge of dropping through 6%. Wishful thinking? Hardly.
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