real yields are still not super low but the nomal yields have nose dived. where are we going from here? i think we're on a trajectory the u.s. economy still looking pretty positive for this year. the jobs story should be somewhat more positive but there are concerns ahead. the curve is starting to flatten. there's some wider international concerns out there. and i see the risk of potential slowdown just rising not necessarily this year but ahead. i see u.s. treasuries going 2.5% to 3% on the 10-year but for the first half of the year as global slowdown is likely to be to people's fore as the inflation story is likely to dominate, i can see nominal yields staying low. >> amy, you're good at gauging market sentiment. what is the feeling about that meeting with the european central bank on thursday? are they betting up or down or what is the expectation there? >> you know what surprises me bill, as you said earlier everyone is watching thee cb meeting, and, frankly, that's all they're doing, they're watching it. we're only pricing a plus or minus 2% move on th