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This is CBS Eye on the World. Here's John Batchelor.

Break the glass. Brett Arons of MarketWatch return on investment joins. I've missed Brett, but we've had a 9% rally in the equities market through the summer months.

Everything was rosy, and then break the glass.

Welcome, Brett.

The breaking glass this time begins with the bond market.

As I understand it right now, the bond market is unhappy. They find reasons to be unhappy. Everything's bad no matter what's good. Everything's good, no matter what's

bad. And right now we're in that bad, bad, bad stage. What are they watching for? What are they

looking for? How did we get here all of a sudden? Good evening to you, Brett. Good evening. Good evening. And as usual, when I come on your program, John, I have to I have to apologize to your listeners, because whenever I'm on, it means that they've lost money on something. At the moment, it's the bond market. You and I have talked a lot when the stock market has fallen out of bed, but at the moment,

it's the bond market.

And the bond market really has been, has not recovered from the boom it enjoyed last

decade when we had zero percent interest rates and bonds were up and the yields were very, very low, interest rates

were low, and, you know, your bonds look great.

And then they were basically overpriced.

...