POG, interest rates, derivatives, page-7

Geneva Report predict low interest rates forever:

The 16th annual Geneva Report, commissioned by the International Centre for Monetary and Banking Studies and written by a panel of senior economists including three former senior central bankers, predicts interest rates across the world will have to stay low for a “very, very long” time to enable households, companies and governments to service their debts and avoid another crash.

http://www.ft.com/intl/cms/s/0/4df9...0144feabdc0.html?siteedition=uk#axzz3EkgYCDyd