The Power of Graphics

When marketing financial products and services, often we're called upon to present facts and figures. Facts are facts and figures don't lie. But facts cam be slanted and figures – well, the message may depend on how you look at the figures, how you depict them.

Here's a remarkable example from today's papers. The WSJ shows T-bond yields taking a shocking leap as Global Tumult Grips Markets.

The NY Times takes the long view of bond yields and delivers a different message. Perhaps it's just the End of an Era.

Whether it's time to panic or to sit back and accept the inevitable is a question beyond the province of this blog. Personally, ten-year bond yields of little more than 2 percent don't sound like the end of the world.