Being that the Fed has said they are committed to an extended period of low rates, and they seem to have the ability to print an infinite amount of dollars to buy whatever T-Notes are necessary to hold the rate exactly where they want them. I would say barring an sudden upsurge in wage pressure, it is unlikely rates will go up anytime soon.
If there is an upsurge in wages well then ….
If the end the Fed crowd gets in well all bets are off.
OT I heard an interesting Joke,
Man-1 says, : you know Gold looks to be in a bubble
Man-2 says : yea but it’s been in a bubble for 4000 years
