Thursday, March 25, 2010

Bill Gross of PIMCO says

Bloomberg:

Yields on two-year U.S. Treasury notes are likely to rise to 1.25 percent to 1.5 percent from 1.08 percent in the next year as the economy strengthens and the Federal Reserve begins to increase interest rates, Gross said.

What did I say on Feb 5?
I would say to the Fed, target two year rates to be 1.5%, do this by trading in one year notes.
I conclude either I am smart, or I say enough things that some actually become true.

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