it is jobs day, much more to talk about jim caron -- talk about. jim caron of morgan stanley. day in america. with us, jim caron from morgan stanley. and the hugece dispersion of opinion that i see, the vector of the 10 year yield lower and others gloomy on the economy. zentner get ellen together, are you on speaking terms or are you poles apart? jim: we are close on how we see things and ellen has had a phenomenal call over the past few years. the jobs number is more of a range than a consensus. 125,000een numbers from to just over 200,000 -- over 200,000. adp was very strong. tom: what is the range in the bond market? i don't have a handle on where i'm going in bonds and yields. jim: if we believe we are in a recovery, it would argue that bond yields should gravitate higher. how high? i don't think much. 2.25% inget up towards the 10 year if things go well but not much above that. on the downside, i think we have seen the low. i would argue that this year is shaping up from an expectation standpoint, a low volatility year in terms of where people's expectations of where the