| From Commodityonline.com: Nowadays, there’s a multitude of speculators who are engaging in the US-dollar carry trade, all betting that they’ll reach the exit door first, before the clock strikes midnight, - or when the Fed begins to tighten liquidity.
However, recent signs that the US-economy is rebounding from its two-year slump, at a much faster pace than expected, has widened the US-Treasury’s yield curve to its steepest level in more than two-decades, a sure sign, that Fed rates won’t stay pegged near zero percent much longer, and that higher interest rates lie ahead in 2010......................................Full Article: Source
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