The Hoyes Michalos Homeowner's Bankruptcy Index is
currently at historical lows.
Bond yields are
currently at historical lows and fixed rates continues to be a very competitive market.
Interest rates have been and are
currently at historical lows due to, among other things, governmental intervention, including quantitative easing.
Not exact matches
All these spreads are
currently at very
low levels by
historical standards (Graph B1).
As interest rates rise, bond prices generally fall; these risks are
currently heightened because interest rates are
at, or near,
historical lows.
The level of yields — around 4 1/4 per cent
at present — looks
low not only on
historical comparisons but also relative to normal benchmarks such as the growth rate of nominal GDP, which in the US is
currently around 6 per cent (Graph 16).