It’s down from a torrent to a trickle. What’s an entrepreneur to do?
The 10-year U.S. Treasury-bond rates are approaching 5%. The days of wine, roses, and the cheap money that has been easily available for the last 15 years may be ending.
Although a few on Wall Street are expecting a peak and a decline in rates soon, certain factors cast doubt on this prediction. China’s reduced purchases of U.S. bonds, and the increasingly higher federal debt and interest costs raise questions about this rosy scenario.
#1. Change Your Mind-Set.
Many entrepreneurs think that the only viable financing for their