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Alan Reynolds: Long-Term Global Interest Rates In Sync Thanks To Low Inflation, Slow Growth

Why are long-term interest rates so low and so similar in so many countries? Recent yields on 10-year government bonds, according to the Economist, were 2.24% in the U.S., 2.16% in Italy, 2.19% in Britain, 2.28% in Singapore, 2.15% in Israel, 1.98% in Spain, 2.03% in Norway and 1.94% in Canada.

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Posted: December 5, 2014 Friday 06:57 PM