Tough Treasuries
10/17/2022 |
The interest rate on the 10-Year Treasury has risen for 11 straight weeks. This is the first time this has happened since at least 1978. Until this recent streak, the longest such run had been nine weeks on just two occasions, once in the 1980s and once during the aughts. Eight weeks rate rises occurred just five times over the same time-period. There have been seven runs of seven weeks.