the key to getting long rates to rise... is to get short term rates to rise....who knows what things will look like 5 years from now...how about an inverted yield curve w/ 2.5% thirty year rates....but for now its gonna remain a very steep[and getting steeper] yield curve...which is generally considered to be best for capital formation ....the key is to get the money where it needs to be [hint not the banks]....i actually have what i think is a very good and bold plan....that i have been trying to communicate w/ the HNIC....so far no return mail whatsoever!!! i wonder if i can just pick up the phone and call....but i dont want to talk to no flunkys..
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