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To: Wyatt's Torch

I don’t see a rate hike this year. Bill Gross is on CNBC right now saying that he expects it in June or thereabouts.


75 posted on 01/28/2015 11:17:49 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

I think they do it just to show that they can/will do it. In the grand scheme it won’t change anything and is nothing more than symbolic.


76 posted on 01/28/2015 11:20:13 AM PST by Wyatt's Torch
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To: abb

10Y UST 1.7269


77 posted on 01/28/2015 11:34:35 AM PST by Wyatt's Torch
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To: abb

that being said Gundlach says it’s a very bad idea to raise rates for “philosophical reasons”

http://www.zerohedge.com/news/2015-01-28/jeff-gundlach-warns-fed-about-make-big-mistake-thats-why-bond-yields-are-crashing


78 posted on 01/28/2015 12:05:41 PM PST by Wyatt's Torch
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To: abb
don’t see a rate hike this year

The whole goal w/ rate hikes is fighting inflation.  There isn't any, and so a rate hike is not only not needed but it just adds to the risk of deflation.

 

mho....

80 posted on 01/28/2015 12:38:04 PM PST by expat_panama
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