![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgONVv_78mmjYx4Y81njzGTLIgxQU10Yrbk2FIc-c8_6bF43LJUD1AjwiurKkxeO40EO9Zuv4lOZnhL9YNO5ug2nOMpzL8rCe7zqWyx8NTo4GhfSSIdBwltzgI4F07veOir-YmptgPiFywD/s400/The+Death+of+Real+Yields+-+Short+Term.jpg)
The market clearly wants to believe in a productivity miracle to save the day. As I look at the housing situation I'm hoping for a miracle too.
See Also:
The Return of the Living Dead Real Yields
Source Data:
FRB: Selected Interest Rates
Bloomberg: Rates & Bonds
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