The UK Bond Market Hasn't Imploded.

The Bank of England basically said don't worry baby. Everything will be all right and that's exactly what it was. They gave their banks till Friday to clean up some of the balance sheet dynamics. Then you've got the BOJ who doesn't even sniff out any inflation and you can see the end moving to stratospheric really well numeric but actual great lows against the dog. This is the dynamic that we're in and I just I think markets get a place to take up breath here.