Thursday, October 9, 2014

We Have Fallen and We Can't Get Up (Musical Tribute)

The following chart shows the natural log of the 3 month treasury bill yield. When using natural logs, constant exponential growth (or in this case, decay) can be seen as a straight line.

Click to enlarge.

Advice for the Fed: Push on that string! Push on it!

Source Data:
St. Louis Fed: Custom Chart

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