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Chart of the Day: Forecasting is Easy, Getting it Right is Hard

Crews Bank & Trust Wealth Management Services Jan 25, 2024
10-year treasury yield going back to 2000, dotted, brown line is the forecast of rates

Contents

Today’s Chart of the Day has been around a while and is often in the back of my head when we see “forecasts.” In this case, the blue line is the 10-year treasury yield going back to 2000 and at that time, in the dotted, brown line, what the professional forecasts of rates were going to be for the next year or so. As you can see, they were more often wrong than right.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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