Ray Dunaway: Interest Rates On The Rise

Jordan Goodman, America’s Money Answers Man and a nationally recognized expert on personal finance discusses the rise of inflation. The recently released reports for both consumer and producer prices revealed that inflation is rising faster than most economists have been expecting. As a result, interest rates have been rising faster than we have seen in a long time, with the 10-year Treasury bond yield rising to 2.9% from 2% last year.