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Strategist for the last two or three years. I think they have a right to be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. I think he is maybe too pessimistic about where bonds are. We will be in a 2. 4. To 2. 7 range you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. Well think it is going to happen externally fast. I dont think it is going to be are really distracted in that sense. ...

I certainly think they have a right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very pessimistic about the probability we can get higher than that. It is ...

Be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 range. We are in an environment where you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. It is just a question of pace and pass. How fast is that going to happen . We dont think it is going to happen externally fast. I do...

I certainly think they have a right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very pessimistic about the probability we can get higher than that. It is ...

Right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very pessimistic about the probability we can get higher than that. It is just a question of pace and pa...