mpc.theyserveforyou.com

mpc: 3 Long-term nominal forward interest rates had risen internationally, at times abruptly, apparently triggered by remarks by Federal Reserve Chairman Greenspan. Part of the fall in long-term forward real interest rates over the previous few months had been reversed, although these rates remained at historically low levels. Sterling and US dollar inflation expectations, derived from yields on inflation- linked bonds, had also ticked upwards.