To help you understand what is going on in the financial sector and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest…
Now that the Federal Reserve has increased its rate by more than five percentage points and bond yields have recently climbed steeply, we hear a lot of talk about when interest rates are going to go back down “to normal.” Our view: They aren’t. This is a return to normal after 15 years of short-term rates near 0%.
