Interest Rate Reversal Will Be Sudden

Here is the finding of a recent study:

Forget secular stagnation. One historian says the world is actually in its ninth “real rate depression” and 700 years of data show that – when it comes – the turnaround could be sudden.

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The data show most reversals of real-rate stagnation periods have been rapid and non-linear. Within 24-months after hitting their troughs in the cycle, rates gained on average 315 basis points, with two occasions showing appreciations of more than 600 basis points, Schmelzing says.

You can read the rest @
https://www.bloomberg.com/news/articles/2017-11-07/centuries-of-data-forewarn-of-rapid-reversal-from-low-interest-rates

Hmmm ... good thing I have a "fixed rate" mortgage.