A December to Remember

Looking Back at December I’m sure we’ve all had a few sleepless nights over the market the last few months.  And, being anxious over the swings is understandable. There are several reasons for the volatility – some, somewhat logical;  others, emotional: 1) Computer algorithms that trigger buy or sell signals when certain limits are hit…

Terminology: Yield Curve

A yield curve is a graph that plots interest rates at a certain point in time for different length bonds (of equal credit quality).  The most common yield curve compares the 3-month, 2-year, 10-year and 30-year US Treasury debt.  The rates serve as a guide for other rates, such as mortgage rates or bank lending…