Thing One A Couple Of Yield Questions For Your Consideration Interest rates and bond yields are once again getting a lot of attention. The yield on the 10-year U.S. Treasury is now hovering around 5%, so I thought I'd address two questions that help explain why that matters. Q: Why is the 10-year Treasury yield so significant? A: The 10-year Treasury is one of the most important interest rates in the financial world because it serves as a benchmark for borrowing costs t

Thing One If I Could Be Like Mike, Or Clyde, Or Warren In the lead-up to the 1992 NBA finals, a reporter who was looking for an angle for a story about the opposing superstars asked Clyde Drexler of the Portland Trailblazers what the difference was between him and Michael Jordan of the Chicago Bulls. Drexler, who fancied himself a shooter, in addition to being a high-flying showman like Jordan, took the bait and said the difference between them was “the three ball”. Wit

Thing One The Right — and Responsibility — to Speak Your Mind As Americans, we have the right to speak freely. Everybody knows that. But I think we have something more than a right to speak when the occasion warrants it. Sometimes we have a responsibility to do it. There are times when being a good citizen requires us to follow the dictates of our conscience and say what we actually believe — even when we know what we're about to say will be unpopular, politically incorr