Not much to say here: QE3 is in the works, as once the equity rally fizzles, mortgages are at 5.5%, and Americans realize that home prices just dropped by 15%, there will be a lot of very confused stares.The move is not all that surprising: BofA's Prya Misra has just released her Rates Forecast for 2011: she see the 10 Year at 4% and the 30 Year at 4.65%.
10 Year
30 Year
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