Kevin Giddis Funds Quotations

While this group is still a few years away from retirement, this plus the fact that Americans are living longer requires these funds to go out further on the yield curve.

For the first time since August 2001, the Treasury will attempt to ease the pain for pension funds and insurance companies who need long assets to pay for a growing number of baby boomers.

The Fed has pledged to keep the economy and inflation in check, which they're doing now, which will keep the fed funds rate going higher. Low inflation and global demand for U.S. Treasuries will remain strong in 2006, which will keep long rates low.

The Fed must now remain aggressive in holding costs down which could take the Fed funds rate up a full percentage point in 2006.