Yields can go higher. People are starting to speculate on the effect the commodity rally will have and if inflation starts to pick up that will hurt bonds.

European bonds have fallen a lot and yields have gone too high. We think there's room for a correction.

Any German chancellor has to have close relations with France, ... Merkel will have a close relationship with France as well.

When prices are stable, people can hold money for transactions and other purposes without having to worry that inflation will eat away at the real value of their money balances.

We can count on the fact that this will be probed by the American public, particularly by the US Congress.

Prices will keep pace with inflation, which is expected to reach 10-10.5%, given no cataclysms.