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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who started this subject3/12/2004 5:04:40 PM
From: CalculatedRisk  Read Replies (2) of 116555
 
Fed on hold, but bond buyers beware

Central bank unlikely to raise rates soon; some analysts warning bonds may be too pricey.
March 12, 2004: 1:00 PM EST
By Mark Gongloff, CNN/Money staff writer
money.cnn.com

NEW YORK (CNN/Money) - Federal Reserve policy-makers are unlikely to move on monetary policy at their meeting next week, giving interest rates room to stay low and bond prices room to stay high.

But some analysts say Treasury bond investors ought to start gathering their coats -- the party may be over soon.

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