On July 26, 2018, Sarah Kahl published "Estate Planning with Interest Rate Hikes" in WealthManagement.com. An excerpt:
As economists predicted, on June 13, the Federal Reserve raised its benchmark interest rate, the federal funds rate, to 2 percent. Chances are good we will see additional increases this year.
These rate hikes typically correspond to an increase in short-term Treasury yields. The Fed has signaled optimism about the state of the economy, so we’re also likely to see increases in interest rates for longer-term lending.