http://www.reuters.com/article/idUSTRE6234TA20100305
A second senior Federal Reserve official on Thursday joined the ranks of those doubting whether the Fed should continue to commit to hold rates exceptionally low for an extended period, a sign pressures are building to drop the wording.
The curve continues to flatten. The 2-year yield is 86 bps and the 10-year yield is 3.61 bps, so the 2s-10s spread is now 275 bps. The dollar continues to strengthen against the yen: USD/JPY is now 89.24.