Yields are moving higher in a response to an economy that is bouncing back. Inflation is still under control, but it's in the upper end of the Fed's comfort range.
More Quotes from Gary Pollack:
The markets right now are facing a critical juncture and they're trying to determine if the strong economic growth we saw at the start of 2006 will continue.Gary Pollack
A rate increase at the March meeting is a done deal. We expect the yield on the 10-year to reach 4.75 percent.
Gary Pollack
I'm concerned that we will get higher inflation expectations, but that in actuality, inflation will remain low.
Gary Pollack
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