Mises Wire
Author:
Ryan McMaken
Online Publish Date:
The tech sector in the US has benefitted from more than a decade of ultralow interest rates and easy money. But now it looks like the easy-money era may be ending—at least for now—and that means problems for the sector so long wedded to cheap loans. Just a year ago, the ten-year Treasury’s yield was 1.4 percent. This month, however, the ten-year’s