It almost seems that the "MO" or modus operandi of Wall Street is to "dream up' all these rosy scenarios for the bond market. In my world I see a "disconnect" between inflation here in the US and interest rates. I believe that this "disconnect" is in part wholy related to the "bubble economy" we have. Greenspan's "conundrum". Old Fed Chairman Paul Volkler has spoken of this. We'll see how it plays out. Rogue