jean --geb --gene: i think marilyn is right talking about tapering. they could surprise us. what we have seen so far is when we see days in the market when the fed is talking about paring back purchases, we see inflation expectations fall and real yields increase. i think that will continue. inflation at this point is ultimately driven by two things, what is psychology and the other is pricing power. -- one is psychology, and the other is pricing power. on the psyclogy side, we have seen inflation expectations rise and then become stable. today, expectations became a little slower. from a pricing standpoint, that is critical. we hear from companies that analysts talk to that they believe they have the pricing power to pass through higher input costs on consumers. the question is, does that continue into the fall? lisa: bob, i know you say the bond market is not necessarily an accurate barometer. i want to understand better the international aspect of the u.s. bond market. foreign buyers have been coming in. there is plenty of bid. you have the ecb and other central banks rem