EFTA Document EFTA01385919

27 March 2015 US Fixed Income Weekly United States Gov. Bonds & Swaps Rates Volatility US Overview • There are plenty of minefields out there but none are likely to dominate what we still think for now is a powerful rational that warrants the current term structure. Long rates are well defined by low to negative term premium and a low terminal Funds rate. While we still see plenty of reasons why the Fed struggles to lift off making it as hard as it always has been to make money on sh