Eric Swanson

“What's very different now compared to a decade ago is the level of interest rates,”

Eric Swanson · said date not stated · reported 2026-08-20

Swanson contrasted today's interest rate environment with that of a decade ago.

“Long-term interest rates in the US are at multi-decade highs - part of that is concerns about inflation, but part of that is concerns about the extreme levels of US government borrowing.”

Eric Swanson · said date not stated · reported 2026-08-20

Swanson explained the causes behind the multi-decade high in long-term US interest rates.