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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (48239)	12/27/2005 4:19:36 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 110194

The Futures are pricing in 25 bps on Jan 31st: macroblog.typepad.com But March is less certain, although an increase to 4.75% is still the favorite. On McCulley's comments ... from April 2004: How high will rates go? "Ultimately, the Fed's target has to be 4% to 4.5%," says Mark Zandi, chief economist for Economy.com. He's on the high end. S&P's Wyss thinks 3.5% is likely. ... Pimco's McCulley says 2.5%. usatoday.com We are all wrong (in my case frequently), but I still think Bernanke will raise rates to 4.75% in March - and then pause.