I thought my March post on crowding out would be my last for a while, but the latest data are startling enough so that I wanted to post this graph of ten year real interest rates. Just for all those people who were worrying about big jumps in rates with government borrowing.
Figure 1: Ten year constant maturity TIPS yields (blue), and ten year constant maturity yield adjusted by ten year mean expected CPI inflation rate (red squares). NBER defined recession date shaded gray. Source: FREDII, Philadelphia Fed Survey of Professional Forecasters, NBER and author’s calculations.
Just in case one wanted to know the exact figures, the TIPS ten year yield in September averaged 0.08% (nominal constant maturity yield at 1.98%). The TIPS ten year constant maturity on 10/6 was 0.18%, the TIPS five year was ….negative 0.57%.
This post originally appeared at Econbrowser and is reproduced with permission.
9 Responses to “Crowding Out Watch, Again”
Jolanda Mcdaris • October 14th, 2011 at 3:54 pm
I always was interested in this subject and still am, appreciate it for putting up.
recurring bloody nose • October 19th, 2011 at 5:55 am
Howdy just wanted to give you a quick heads up and let you know a few of the pictures aren’t loading correctly. I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same results.
Moncler cheap • October 19th, 2011 at 11:32 am
service.
Me Too Shoes • October 19th, 2011 at 4:03 pm
The very core of your writing whilst sounding agreeable initially, did not settle perfectly with me after some time. Someplace throughout the sentences you actually were able to make me a believer but just for a while. I still have a problem with your leaps in assumptions and you would do well to fill in those breaks. In the event you actually can accomplish that, I could undoubtedly be impressed.
Low Profile Box Spring • October 21st, 2011 at 5:59 am
My spouse and i have been thrilled when Louis managed to carry out his reports through your precious recommendations he obtained while using the web page. It is now and again perplexing just to happen to be giving away things which usually people today might have been selling. And we discover we have the blog owner to appreciate because of that. The entire explanations you’ve made, the straightforward site navigation, the friendships you can give support to engender – it’s got all exceptional, and it’s really making our son and our family feel that that concept is cool, and that’s highly essential. Thanks for everything!
annual general meeting writer • October 21st, 2011 at 7:52 am
What you have here it is an interesting piece of information. But first of all I must say all every one. . And second I must say that I will post http://www.economonitor.com/blog/2011/10/crowding… on my Digg profile. And this because at long last I found what I was looking for. What you give us here is really good information. In the minute I saw this tittle, EconoMonitor : EconoMonitor » Crowding Out Watch, Again, in my google search I was very happy. It is possible I found something that have the same ideea here <a href="http://www.writte.com,” target=”_blank”>www.writte.com, I’m not sure but I thing it was the same. Thank you
dri fit t shirt • October 22nd, 2011 at 11:15 am
I’m very happy to read this. This is the kind of manual that needs to be given and not the random misinformation that is at the other blogs. Appreciate your sharing this greatest doc.
domain forum • October 25th, 2011 at 7:50 pm
What you have here it is a great piece of information. But first of all I must say all the visitors. Salve. After this I must say that I have post http://www.economonitor.com/blog/2011/10/crowding… on my Twitter profile. I will do this because in the end I found what I was looking for. What you post here is really very good sharing. In the second I saw this tittle, EconoMonitor : EconoMonitor » Crowding Out Watch, Again, on google search I was very glad. It is possible I found something with the same ideea here http://www.domainonlineforum.com, I’m not sure but I thing it was the same. Thank you
kei111 • December 6th, 2011 at 11:11 pm
coach outlet are in so much trend nowadays among women that this business is growing day by day. Potential buyers are increasing due to high quality of leather used in coach factory outlet and purses. Quality of coach outlet online is as fine as butter. If the feel is not like butter then its not coach outlet. Many fake or knock off products are also available in market which looks 100% like coach outlet store online. These products do not have that feel, that original coach product can give to consumer. If you have used coach outlet before then you can easily detect which is coach outlet original and which is knock off coach factory outlet
or purse.
