Vital Signs for the Week of Apr. 19
The economy is humming along. Job growth looks a lot better, consumers are shopping, and factories aren't doing so bad either. On top of that, the March consumer price index, up 0.5% in March, fueled whispers about the reemergence of inflation. Indeed, with the economy back on track and fears of deflation seemingly deflated, economists are beginning to reassess their outlooks on interest rates. Investors have already started to shift gears, with the interest rate on a 10-year Treasury bond up a half of a percentage point so far in April.
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