What happened each time rates spiked

click for ginormous graphic

Source: Goldman Sachs via Reformed Broker



This is a fabulous chart showing the past two centuries of interest rates, how they moved and what were the underlying factors.

You can spend a lifetime studying interest rates — that’s something NYU Stern professor Richard Sylla has done, and he shares his learned wisdom in this seminal book, A History of Interest Rates. (He is an upcoming MIB guest).