Carl B. Weinberg, chief economist at High Frequency Economics, an economic consulting firm, said an eventual sell-off in the Treasury market would be worse than anticipated.

"There is basically not much to drive the market down now but momentum," said David Munro, chief United States economist at High Frequency Economics.

For the pessimists, there was Ian C. Shepherdson, chief domestic economist at High Frequency Economics.

"They are going into a contractionary period," said Carl Weinberg, chief economist at High Frequency Economics.

Financing costs are about as low as they're going to get," said Ian Shepherdson, the chief domestic economist at High Frequency Economics in Valhalla.

Carl B. Weinberg, the chief economist at High Frequency Economics, said all it had was "six verbs."

But Ian Shepherdson, chief United States economist at High Frequency Economics, does not think interest rates are going to move high enough to do that.

"It's pretty clear that people have been really rattled by" high gasoline prices, said Ian Shepherdson, chief United States economist at High Frequency Economics.

Analysts at High Frequency Economics are more optimistic.

Ian Shepherdson, chief United States economist at High Frequency Economics, is predicting a rise in the 10-year yield to 5.5 percent some time next year.