Yellen is immaterial to what the market does for the next 12 months as he moves will be "reactionary" to what the markets do. Looking at "market driven" rates we now see a rally in long term bond rates (which of course is causing anyone who followed Greg "Maalox" Mannarino into silver and gold assets 2 week ago to shit their pants). Greg and his kittens getting their asses kicked is actually what is causing Greg to ignore bond rates right now. Normally, Greg looks at this chart and screems at teh top of his lungs >>> Treasury bond prices on their way to zero! :O But he can't do that now since his kittens are getting trounced do to his last dummass call. :-)