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Jim, Evan and Phil hold forth on noteworthy sightings in credit,\\xa0 while Jim challenges a core premise of modern central banking.\\xa0

0:43 #ECB taper announcement

2:36 Taylor Rule funds rate and the flattening yield curve

5:05 The search for \\u201cstability\\u201d

8:35 Kobe Steel bondholder surprise

9:55 10-year yield at a key level

12:14 The last great #bond bear.\\xa0 In like a lamb\\u2026

14:01 \\u201cUnprecedented in degree, persistence and circumstance\\u201d

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