CNBC Squawk Box May 30, 2014
They started at 3 at the beginning of the year. Anybody looking for rates to go straight up has been completely confounded by this. A lot of different guesses as to why you would see the bond market still in a situation with the tenyear, below 2. 5 . Well talk a lot about that today. Central banks will be in his words, exceedingly on shortterm Interest Rates as markets emerge from the liquidity trap. He made the case for what he is calling the new neutral on cnbc yesterday. I dont think the worlds upside down. I think the world is pricing in and coming to grips with the fact that post the mome...