
Bond market bulls are counting on the Federal Reserve to push rates below the half-century low of one percent by year-end to avert a prolonged recession, allowing two-year note yields to decline to less than one percent for the first time since regular sales of the securities began in 1975. This report compiles remarks about Fed rates from William Poole, former president of the Federal Reserve Bank of St. Louis, Robert Parry, former president of the Fed Bank of Dallas, Mickey Levy of Bank of America Securities LLC, Richard Fisher, president of the Fed Bank of Dallas, Ajay Rajadhyaksha of Barclays Capital Inc., Michael Pond of Barclays Capital, Marc Chandler of Brown Brothers Harriman, and Stephen Gallagher of Societe Generale. (Source: Bloomberg)
