“A rate increase at the March meeting is a done deal. We expect the yield on the 10-year to reach 4.75 percent.”
Gary Pollack
“The ECB wants to raise rates, and we had significant pressure on the short-end this week. Two- year yields will rise to 3.5 percent by the end of the year.”
Peter Mueller
“Yields at the end of last year were very low, and although the Fed was expected to lift rates to 4.50 percent, yields were around 4.32 percent. Now you've got people thinking the Fed is going to 4.75 percent, so you're seeing an unwind.”
Scott Gewirtz
“February looks rather unlikely for the next rate hike, but March is still on the agenda. Yields will push higher over the coming months.”
Cyril Beuzit
“The dollar, and foreign exchange markets in general, have been driven by rates and yield this year. As we go into 2006, we see a lot of that yield advantage intact and U.S. rates rising more.”
Tim Fox
“Measured could go away, ... Greenspan wants the yield on the 10-year Treasury to go up because usually, long rates are not this low until late in a tightening cycle. The bond market may be underestimating how much more tightening needs to be done.”
Bill Davison
“The 1-year T-Note rate is now rising at an extremely fast pace relative to dividend yields. Historically, this has been a reliable signal that cash might outperform stocks.”
Richard Bernstein
