Faculty News

Prof. Richard Sylla explains why interest rate patterns from the 1950s are relevant today

Excerpt from Reuters TV -- "You should look at [the 1950s] because that's a period when not quickly but just gradually, long-term government bond interest rates trended up from 2 1/2 percent, where they were at the beginning of the period, to between 4 1/4 and 5 percent toward the end of the period, and while that was happening, the stock market had a great boom."

Watch the video