David Lisbona

Spiking rates: A Wake-up call?

By David Lisbona on July 8, 2013

A simple spike in rates
That’s all that did it. A jump of the rate on the U.S. 10-year from somewhere in the 1.80% range to slightly above 2.10% and sure enough it was as if someone turned off the music and you had to find a chair.

Many investing folks didn’t really appreciate the move and the resulting sentiment change was noteworthy. 

So what happened?