By Ranulf Glanville – July 7, 2016
Right now central banks around the world are taking unprecedented measures to keep interesting rates pinned near zero. In fact, in many parts of the world interesting rates are now negative!
We don’t see indications sharply higher interesting rates are imminent. Still, we urge all readers to consider what could cause either short- or long-term interesting rates to turn higher. Decisions involving debt need to consider not just the current situation, but also scenarios for what may lie ahead.
Below are a few things to think about when assuming interesting rates will stay low for years and years.