For those who wonder why there is so much interest in the Fed and a possible turn in interest rates, the last chart of the 10 year Treasury note yield is a capsule history of the bond market since the 1960s.  We are nearing the end of what used to be called the “Great Intergalactic Bond Rally.” Once the Fed begins the shift to rising rates, it will be a different financial world.

– See more at: http://www.indexologyblog.com/2015/11/30/waiting-for-the-fed/#sthash.fwXf86hb.dpuf

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