Hello Greg
I write here the first time and I really hope you answer me. I am following you a long time and I fully agree with you, but...
I was checking not only today after your video the curve but also a year ago or so. I am looking at the percentage delta today in the chart and then I go and look at the graph when we had the same delta of percentage. It's difficult to see the percentages but only from approximation on the graph I would say the last time we had the same difference between the short yield and the longest yield on this graph was about 2005. Check yourself. I hope you get what I mean. So can't it go on for another 2 years (because the last crisis started 2007)? You think the long end is coming down faster or why do you think it comes soon? Don't get me wrong, I am not a troll, I am just waiting for it to happen for years now and it just doesn't. I know, be carefull what you wish for...