USGG10YR:IND 3.00 -0.06% See the chart: http://www.bloomberg.com/quote/USGG10YR:IND Celente predicts mid January that 'easing' will resume, and bond rates will grow and hence kill off economic growth and cause his predicted collapse in Second Quarter.
2014 is an election year and Obama wants the Democrats to take the House. Can't do that with the economy dropping. Ergo, not happening.
Dude! The last time the U.S. crashed, not only it was an election year, it was in the middle of the presidential campaign! The banksters own the politicians, not the other way around...
They will not be able to stop the rising interest rates.....by moving to short dated bonds they have played their hand and now they are at the mercy of the market.........another reason why q.e will not continue for ever as others seem fixated on......This has been gone over many time but tapering will continue........I know a lot doubt it but it will take a few more tapers to convince some on here that the Fed does not want to end up with all the trash and as interest rates rise the value of what they hold will collapse............