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
Friday: Personal Income and Outlays
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
8 hours ago
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