- Longer-term interest rates are very low and it seems as if the central banks of the world would like to keep them low for a longer period of time.
- However, as the debt loads have risen within the world, several countries remain attractive to foreign monies due to the confidence investors have in countries like the U.S. and Germany.
- The disequilibrium this condition creates in the world is not going away soon because of the efforts these countries and their central banks are making to keep the world afloat.
For further details see:
Longer-Term Interest Rates Not Going Up Much Soon