Goldman: Something strange is happening with the US economy that could cause interest rates to jump

CNBC/Jeff Cox/5-14-2018

“America’s budget deficit and unemployment rate are heading in opposite directions — something that’s never happened during post-World War II peacetime and could cause a significant jump in interest rates. Goldman Sachs projects, for instance, that the 10-year Treasury note could be yielding 3.6 percent next year.”

MK note:  We can add this to long and growing list of difficult-to-explain anomalies present in today’s economy.

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