Michael Markovic Yields Quotations

We believe the fundamentals are increasingly pointing toward bright economic developments in Europe. Current yields for European 10-year bonds are too low and should rise.

Europe's growth prospects are still intact and the ECB are being very firm about their hawkish stance. We will see yields rising gradually.

The Fed will hike at least once more, and there won't be a significant slowdown in the second half of the year. Yields could go some basis points higher from current levels.

The European economy points toward solid growth. We are looking for yields above 3.5 percent within a month.

The general assessment for the U.S. economy in 2006 is continued robust growth, at least at the same pace as in 2005. Ten-year yields are too low.