Tim Buckley: Maybe you want to talk about why you keep clamoring that bonds are back?

Greg Davis: It’s a great thing for investors, right? I mean, at the end of the day we talk a little bit about money markets already, right? That you’re actually earning a real yield and real return, and even in the bond market you’re actually seeing people getting compensated for investing, and it’s incentivizing people to save and invest. I mean, it’s very difficult to incentivize people when you’re looking at 10-year bonds at 1.5 or 2%. Why would you buy that as an asset class?

Tim: You would just be buying it for ballast, as in something I can rebalance, or rebalance my portfolio with.

Greg: That’s exactly right, but in terms of that, a viable asset class that you would expect will grow over time and help compound returns for your long-term retirement or other savings needs. The fact that we’ve seen this rise in interest rates has now made this asset class a lot more attractive, and so it’s a much more exciting asset class today than it has been for the last 10 to 15 years.