Bonds Crush Another 10 Points and Yields Go Up Another 100 Basis Points

The most sellers and buyers I'm interested in like where the policy will be 2 3 years from now. No matter what the charts and the markets and the technicals do if the Fed starts cutting rates at the beginning of next year as both myself and the market projects them to do they probably will not be able to stop. The reason that you are expecting interest rates to drop to zero in the next couple of years is because economic activity is so badly damaged that they have no choice but to stimulate the economy yes.