Also, if you look at the Fed, that money is always very short-term and that rate will change fast. The Treasury market has done some pretty incredible things. It used to be you expected it to go up because you're getting higher return on longer-term bonds. But there for a while it was almost going the other way. Traditionally, the yield curve is always going up.
Nobody can comprehend the fact that it can come down.
Seven out of 10 years of my active life managing a bond fund it has gone up, and three years it has been more or less flat, and maybe one of those will actually be an inverted short term. The way we keep getting these five-star ratings for virtually everything we do is a play on that yield curve. You buy in a place called the shoulder, that is a place where on the average, somewhere about 19 or 20 years, you could buy out 25 to 30 and you should get almost nothing more. It's almost the same yield. It may go up 5 or 10 basis points.