Daily Dispatch

Six days a week, the Casey Daily Dispatch helps readers make sense of what’s going on in the economy and financial markets. Guided by managing editor Rachel Bodden, Dispatch readers learn about the biggest money-making opportunities and threats to their wealth.

Interest rates are headed higher in the long term

Interest rates have surprised most economists in the last year, as it was expected that long-term rates would rise with the Fed Funds rate hikes. To predict what may happen to interest rates, I must first explain how they became so low.