Ten year yield back to its long term average

2.09%.  We expect government to pay about 2.3% for 40 years with 1.8% growth and about a half point deflation. At least, that is what the double entry accounting system says, and it is price neutral over the complete sequence. I think we will hold to that level and let Congress decide what to do.  Congress can learn to love deflation, but I doubt it.