What's Going on in the Business Cycle?

I think both are true, if youl have to respect the macro inflation expectations have certainly risen. The thing that surprised me, i guess, is the extent of the rally. Once we hit around one 85 on the tenth year, going down to one 67, i think was the low ontens had to be. Then it reversing and retracing, almost within two days, all the way back to one 85. Had to be some sort of short squeeze is one word you'd use, margin calls another word you use. But it could simply be the activity of these hedgers. I don't know what the answer is, but something happened such that macro conditions didn't ange