As the chart below shows, the 10 year bond yield has been creeping up since the end of December.
Wonder why? Could it be due to the economy turning around? Most likely it’s because our lenders don’t care to lend us any more money at low rates. Perhaps this will rein in the stimulus and government run health care. Works for me. The bond vigilantes are back. Hip-hip-hooray. You’ve been sorely missed.
This link should give an updated chart.
