with some of bernanke's history
and going back to greenspan, the
fed chairman sets the debate and
others tend to follow.
projections every
three months.
the vast majority of fed members
are looking at either 2015 or
2016 for the first hike.
the markets are likely to stay
fairly contained.
you see yields continuing to
rise in the united states.
do you stay well clear of u.s.
treasuries?
,> if you are fully invested
you have to have all of your
cash in that market.
we recommend shortening duration
and moving into the less
sensitive front end of the
curve.
,e do think these front ends
the markets of overshot
somewhat.