Corporate bonds are filling the void, to some degree. But this does not pave the way to a rally in bonds.

We were filling a void.

When you see an item like that, you have to have it because it is filling a void. It is something you didn't know you wanted. It can be quite emotional.

The way the market is performing now sets the stage for a big rally if there are any data that prove disappointing on the economic outlook in the coming weeks.

It was not like a pep rally. It was more like a show. We want to re-create a pep rally of the past.

The new issue calendar had dried up for all kinds of issuers. But now, the corporate calendar is building again.