Educational Video Series: 5000 Years of Interest Rate History
Watch our newest Educational Whiteboard Video on worldwide interest rate history featuring Chad Dokken
The 10-year Treasury yield rose to its highest level in 11 years yesterday; however, how does this compare to interest rates over last 5000 years? In this episode of WealthVest's Educational Series, we will cover interest rates set over the last 5 millennia in the:
Uruk Period of Sumer
First Babylonian Dynasty
Banks of Ancient Greece
Roman Empire
Byzantine Empire
Bank of England in 1694 AD
At WealthVest, we know that rising interest rates create unique challenges for retirees and with the potential for interest rate hikes, we could face a serious change in bond values. With rates rising globally, this may be a concern for individuals invested into long term bonds and bond funds.
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