EXPECT RISING INTEREST RATES IN THE US

US 30 YEAR YIELD TO RISE FASTER THAN 2 YEAR YIELD

One of the misconceptions that prevails is the the Fed will dictate when interest rates go up. Not true... the Fed will respond to market forces. And the evidence is that US yields are going up ...InvesTRAC's forecast model expexts yields to rise until late May, drop through June and then rise into August/Septmber. The interesting factor is that the long end is going to rise faster than the short end which we can see in the weekly chart below.