In Figure 1, we can see the 10-year bond interest rates and real GDP growth rates of the USA. If we look at the crisis years mentioned earlier, we see that the Real GDP growth rate was lower than the 10-year bond rate, especially in the 2001 crisis.
In Figure 1, we can see the 10-year bond interest rates and real GDP growth rates of the USA. If we look at the crisis years mentioned earlier, we see that the Real GDP growth rate was lower than the 10-year bond rate, especially in the 2001 crisis.