The debates continue on whether the Federal Reserve should or should not begin to take its foot off the money-printing pedal. We will likely find out on June 14, which is when the Fed meets.
I know those seeking income from bonds want higher yields because it's hard to survive when you are making only about one percent from a five-year U.S. government bond.
For those who have amassed a significant amount of debt during this money-printing spree, including the U.S. government, they probably don't want to see interest rates rise just yet.
Have you seen the national debt level recently?
Continue Reading: How the Fed Has the Economy Hooked on Its "Monetary Cocaine"