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But we saved everything 🙂.
Mike Konczal observes that the current 30-year Treasury rate, which has risen to approximately 5.2%, is still significantly lower than the 5.9% level seen during the high-growth years of 1999 and 2000.
He highlights this comparison to place the recent rate increases in historical context.
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Konczal has previously remarked on the changing dynamics between job openings and unemployment, noting that job openings recently outnumber the unemployed, unlike in 2025 when the market was different (full article). He has also analyzed how different methods of software weighting in CPI and PCE carry practical implications for economic measures (full article). These observations add context to his comparison of Treasury rates across historical periods.