Shilling interview with Forbes
Forbes: Let’s hit first long treasuries. The yield now on the 30-year bond is 3%?
Forbes: The ten-year, 1.6%, 1.8%? Pick a number. When we last talked it was 4.5% on the 30-year, which seemed low at the time and was almost 3% on the ten. How much more is there and how long can it last?
Shilling: I’m suggesting 2% on the long bond and 1% on the ten-year.