The Price of the 10-year Treasury, 1974 - 2006

Big Picture guy explains how we should give credit to Paul Volcker (wikipedia) (Federal Reserve Chairman, 1979 - 1987) for the era of low interest rates during Greenspan's term. Autrement dit, credit should not go to Greenspan.

http://bigpicture.typepad.com/comments/2006/01/chart_of_the_we_3.html