What the Market Is Saying to Us?

The ten year yield is up to one spot, 85 to day. It's been since it's since it's been that highwe kind of stopped at one 70 to one 75 last cycle. Is this of concern? Does this tell us that, boy, inflation is really on? Or is this no big deal? Well, the interesting thing is that weve gone op from one point five y to call it just over one point eight. But a five by five inflation break even rates are still around to two point one or so right now. The only way to overcome this deat spiral is to change monetary policy and as i said, there is no dence right answer here. Victor