Odaily Planet Daily News: Ashok Bhatia, co-chief investment officer of fixed income at Neuberger Berman, said that the current terminal interest rate pricing of the Federal Reserve at 2.9% is appropriate. "The market's expected terminal interest rate of less than 3% will be equivalent to a real interest rate of about 1% (assuming that the Federal Reserve can and will restore the inflation rate to about 2%), which is basically a neutral interest rate." Although the economy may eventually need loose or lower real interest rates, this will be a long-term problem. (Jinshi)