Long-term interest rates are at their lowest levels in over a generation and are likely to edge up in the near future. Many analysts are also concerned about the potential impact of inflation on interest rates. In recent Congressional testimony, Federal Reserve Chairman Alan Greenspan stated that “inflationary pressures are not likely to be a serious concern in the period ahead.” With inflation expected to remain at relatively low levels, an increase in interest rates can be viewed as a positive reflection of the economic outlook.