it makes policymaking and it is payback for them not moving last year, for remaining in the mortgage security market and having housing become as unaffordable as it is now. so the fed has not very many good choices for the difference which of the two year treasury yield and the ten year treasury yield has compressed to such an extent that it is suggesting the fed does not have the policy room in order to raise 50 basis points as a jim bullard suggested by half a percentage point. the difference between those two yields is underneath that level that is remarkable to see things move as quickly as they are. and republicans are anticipating inflation's going to six-point to percent. whereas democrats expected to rise by three-point to percent. we have never seen a partisan