Get out your confetti, here’s some good economic news
By: Anthony N. Conte
PHOTO / GETTY IMAGES
I’ve got some good news for you.
After a year like the last, I know that just a smidgen of good news sounds awfully tantalizing, so let’s cut right to it: The yield on the 10-year bond has been increasing.
You’ve probably got some confetti in your desk drawer (who doesn’t, right?) so take a moment to toss some of it in the air to create a small celebration just for you. Savor this moment.
Maybe the global increase in bond yields isn’t a thrilling prospect, what with a life-threatening pandemic eroding our sense that we might ever achieve something akin to normalcy again, but know this: rising bond yields