Seriously though I think I have been missing the mark on interest rates for about 4 years now. Back in 03/04 when we had some really low marks on the 10 year yield I vividly recall spouting off about how the 10 year will be up at 6-8% within 5 years.
How wrong I was…
Again, it was more wishful thinking then anything else. Now I simply give up on predicting the 10 year. I find asking guys like Chris S yields much much more accurate predictions. I am befuddled by it.
