The Credit Market Has Been Ugly, Hasn't It?

Is this just a pathetic, deadcap bounce that is going to last no more than a week, and the whole thing's going to roll over and continue? Or have we seen a meaningful, aa, short term over sold state that its going to start to establish the floor of where thes bond carnage ends? I think it's so premature to make that call, but at least i's turned off. It's obviously something i'm watching very carefully, too. And my kind of feeling is that you might be right on the twos and the front end, and you might be wrong on the long end. But that's just kind so that's just jock in his book