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This is one of several economic forecasters who will suffer a downturn if voters leave the eu. Understand that these opportunities will empower people Overnight, the benchmark 10-year Treasury note fell 8/32, yielding 2.480%, its highest level in nine months. It even hit 2.5 per cent on Wednesday. Famous British economist hicks and others argue that the above theory did not consider the factor of income, and therefore unable to determine the level of interest rates, in 1937, and puts forward the is-lm model on the basis of general equilibrium theory. It establishes a theory of interest rates and income at the same time that the four factors of savings and investment, money supply and monetary demand interact.