Is it true that Brent Crude and WTI have seen a 20% drop or decrease? I read these have been the lowest prices for Brent Crude oil since 2010. If it is less than $85.00 per barrel then how would those prices affect inflation here in the United States? How would any of that affect the American economy? Is this a mark that our economy is truly on the mend? Now, I wish to know when will 30 year US treasury bonds finally reach more that 5%? Retirees want to know.
It's true that they've fallen a good 30% or so recently. http://data.cnbc.com/quotes/@CL.1/tab/2 This is a function of OPEC / ME overproduction - not a direct indicator of anything to do with our economy. The dollar has gotten a little stronger, which makes it a little cheaper - but that's a minor factor.
