Wall Street's hopes that the Federal Reserve will soon end its 21-month-long campaign to raise interest rates might get either vindicated or shot down Monday night. Chances are it will be the latter. Freshly appointed Fed Chairman Ben Bernanke will speak at 7 p.m. EST to the Economic Club of New York, a forum regularly used by former Chairman Alan Greenspan to send messages. In May 2005, for instance, it was there that Greenspan said there was some "froth" in the real estate market. Ten months and six rate hikes later, Bernanke faces a different environment. The housing market has been cooling since last summer but the underlying economy has remained strong -- strong enough that the market was -- until recently -- expecting the Fed to lift the fed funds rate at least three more times to 5.25%. Those expectations, together with indications of global monetary tightening, had pushed up bond yields and pressured stocks in recent weeks. But recent indications in February data -- especially weak retail sales, a tame consumer price index and rising jobless claims -- have now convinced many that the Fed will stop at 5.0% -- if not at 4.75%, the very optimistic "one-and-done" scenario. News on Monday that the Conference Board's index of leading economic indicators had fallen in February did little to change this view. Bond prices continued last week's uptrend, and their yields, which move inversely, fell back. The benchmark 10-year Treasury bond rose 4/32 while its yield fell to 4.66%. The 10-year yield had risen to a high of 4.8% a week ago from 4.3% in January. Stocks, which had been feeling the bite of rising bond yields since mid-March, also rallied last week, with the Dow Jones Industrial Average adding 200 points.