Bernanke Acknowledges Risings Yields a Sign of Success
February 03, 2011 at 18:07 PM EST
For some time now, I have been making the case that a sign of QE2 success would be rising yields rather than falling yields. Yes, interest rates may initially fall, but if QE2 is successful in raising expectations of real growth then interest rates should start to increase. For example, back in December, 2010 I [...]