A Time‑Series Perspective on Safety, Liquidity, and Low Interest Rates

Brandyn Bok, Marco Del Negro, Domenico Giannone, Marc Giannoni, and Andrea Tambalotti Second of three posts The previous post in this series discussed several possible explanations for the trend decline in U.S. real interest rates since the late 1990s. We noted that while interest rates have generally come down over the past two decades, this … Continue reading A Time‑Series Perspective on Safety, Liquidity, and Low Interest Rates