Bumpy Markets Ahead?

There is a good deal of talk about when and how aggressively the Fed will raise interest rates. This has caused many including, Eric Rosengren, President of the Boston regional branch of the US Central Bank, to go on record as saying of the current 2.15% 10 year rate as, “not a rate that is going to be sustainable in a completely normalized economy, which does imply the 10-year rate at some point in the normalization process will not be as low as it currently is.” (source: MarketWatch). Let’s unpack the issue here in a bit more detail. […] Read the full article…