“Long-term interest rates are on the climb again in the United States. Below is a chart showing the interest rate of the 10-year Treasury note since June, 2011.  The rate hit a 2-year high today. This despite Fed bond purchases. In the EPJ Daily Alert, I have forecast that this is the start of a multi-year climb in rates. Despite absurd comments by members of the Fed that price inflation is below target, the MIT billion prices index shows price inflation is above target at around 2.5%. Buckle your seat belt.”

http://www.economicpolicyjournal.com/2013/08/long-term-us-interest-rates-hit-two.html

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