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

To: UncleBigs who wrote (61344)5/18/2006 9:59:09 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Choppy and unpredictable, will depend on the pace of the various tightening measures taken, and what FCBs do. I suspect FCBs will take rates higher to try and support the USD and compensate themselves for the risk. In effect this may force the US Fed to play along, trapping them into a Dollar defense. Short term I think the USD decline may be over, because rates will start creeping up again because of supply issues.


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