Core CPI 2.2% headed higher (historic ten year yield spread over core cpi is 3%) So ten year bond yield could rise 100 basis points to be in line with history. capacity utilization rose to 79.2% very close to the 80%+ inflation danger zone. fed getting serious.... talk of removing "measured pace" Lets show those asian central banks who's boss and dump some bonds on their head this week. I always felt like 10% interest was a fair return. 4% seems wacky.