looks like June all you bondholders.......
Rate Hike Ahead, Bond Model Says Sell
3/13/2015 @ 4:17PM
“We’ve gotten used to thinking of a zero interest rate as normal-—it’s far from normal.”
- Fed Vice Chairman Stanley Fischer
Employment figures continue to surpass analyst estimates and the trend over the last six months has been strong. Last Friday’s upside surprise sent interest rates higher. It is expected that the Fed moves off its zero bound peg by September.
“June has to be on the table,” adding that as the economy meets his expectations, “June would strike me as the leading candidate for liftoff” in moving short-term interest rates off their current near-zero levels… quoting Federal Reserve Bank of Richmond President Jeffrey Lacker.