Hey, this is Current Yield Grants Interest Rate Observer of the Air.

I am Jim Grad, talking to you from upstate New York, Stone's Throw from the Baseball Hall of

Fame, Coopers Town.

And our special guest today is Jim Bianco, who's talking to you from the state of Michigan,

but that is an area part of the contiguous Chicago Cubs Zone.

Eric Whitehead, the Man of Control Panel, is in Suffolk County, and Evan Lorenz, the great

deputy editor of Grants, is talking to you from Brooklyn, where the Dodgers used to play.

So that's kind of a baseball-themed introduction because there's no baseball.

And before we get into the manipulation of the yield curve by the Federals, I would like to

propose a project for the listeners of the Grants podcast, and that is to form an informal

resistance to this notion that is now getting some traction that we mustn't sing or have choirs or,

let alone opera, because of the expectoration of the singing voices.

Now, ladies and gentlemen, what is life about except song?

Like nothing, right?

It's not about yield curve.

Well, it is about yield curves, but song precedes yield curves in the order

of importance in living a human life.

And here is what I propose.

We all go online and familiarize ourselves

with the great flower duet from the opera Lachme in 1883.

And that was sung my favorite rendition

by Fabina DeVille and Mary Ann Crabassa,

...