The new version of QE - QEP - is a significant acceleration over the prior QE in that the twist part was sterilized and none of QEP is sterilized.
My guess is rates continue to trend down (wave form) for the next year.
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone ... where it is often impossible to bring one's ideas to a conclusive test either formal or experimental. J.M. Keynes