25: Interest Rates. Can you predict them in 150 Seconds

Interest Rates. A 150 second 'cheat note' great for dinner party conversation, impressing your boss...or impressing your employees.  Interest rates are going up, up, up. Can they be predicted? Many say the bond markets are the clairvoyants of interest rates. How accurate are bond yields in predicting interest rates? For a detailed discussion on interest rates please listen to episode 24, Interest Rates. Where to from here? With NAB's Chief Economist, Alan Oster and Burgernomics host Ross MacDowell. Alan doesn't believe the bond markets have a good record of interest rate predictions.