Moment of Truth for Treasury Bonds

"The Fed has told us exactly what they are planning on doing this year and into the near future," says Jeff Powell, managing partner of Polaris Greystone Financial Group and based in the San Francisco Bay Area. "They want to raise interest rates 75 basis points this year, and would like to have rates around 3 percent in the coming years. The Fed's stance will most likely have a severe and negative impact for the bond market." Read now