Hi EL

The problem with our bond market right now is the Fed raised rates to fast and were importing the problems of other countries going to negative rates. This is due to the world increasing debt while not recovering to pre crisis levels.

We will have to decouple from these sources and raise GDP before rates rise again. I think the question now is how long will it take to isolate ourselves from importing these problems. Right now it appears the negative rates countries problems will be around for awhile? Years? maybe its the New Normal and the future is the spread of the negative rates?

So yeah I agree we will probably see rates go lower for awhile? Will they go negative in the USA is a big question?

thank you,dane