# Professor Richard Sylla is interviewed for an article on historically low interest rates

1 Faculty News July 16, 2019 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](https://www.marketwatch.com/story/we-havent-seen-interest-rates-this-low-since-before-hammurabi-so-what-bonds-should-you-buy-2019-07-18) -- "'If a significant fraction of \[the world’s bond market\] has negative interest rates, that’s pretty unusual,' said [Sylla](https://www.stern.nyu.edu/faculty/bio/richard-sylla). Even in recent history, he added, such occurrences are rare. In 1940-1941, he said, rates on short-term U.S. bonds went negative as the economy still grappled with the fallout from the Great Depression."

[Read more](https://www.marketwatch.com/story/we-havent-seen-interest-rates-this-low-since-before-hammurabi-so-what-bonds-should-you-buy-2019-07-18)