I think a lot of people are starting to price in the idea of something pretty serious coming down the road. That more likely than not will be supply chain disruptions, which means massive inflation, probably what is known as rolling inflation.That rolling inflation will show up in different places, but the one place it shows up fairly consistently will be the bond markets. We are waiting to see some type of solution to the mess that's been created in the Middle East, and we're just not seeing it. And as long as that's going to be the case, there is a lot of concerns about energy shocks, things like that. And in that ... (full story)