 You can see how bond markets are trading. Simon and Michelle joining us live from Fig Security. Simon, good to see you there. Now, just prior to the break, we're actually talking about this sort of inverse relationship that we tend to see with yields and gold prices. And it looks like these global yields are sort of drifting off their recent highs. That's right, absolutely. So, you know, we've had quite a bit of a surge in these yields as we drift closer to and expected tightening by the US Fed in December. So, I pulled back, they pulled back a little bit from that. So, really where the yield curve is at the moment is where it was pretty much just after the last start that we had in December 2015 at the moment. And just speaking of the Fed, I mean, that is pretty much a certainty now, isn't it? There's no question really about a December move. It's really a question about what happens going into 2017. Absolutely right. And the market will certainly be looking at those dot points to see exactly what sort of flurry of activity we would expect for the US Fed in the next year. I would be very surprised if you see, you know, a number of rate rises plugged in for 2017. I think they might take a bit of a wait-and-see approach to what sort of policy initiatives we see come out from a new president in early 2017. Simon and Tony from Henderson-Maxwell here. Just talking about the backup in bond yields and the significant rally we've seen in the curve in the past couple of weeks, do you think it's over for now? Or do you think that it's really just a pause in a longer-term trend where we're going to see higher rates? Yeah, good day, Tony. Look, it's really interesting because, you know, as I've said, really, this year's been all about those rates drifting quite low, where they reached low points around July, August, and then drifting back up to where they started the year, essentially, is where we are at the moment. So you're not really seeing the longer-ended, if you look at the 10 years, for example, you know, anywhere beyond where they were at the start of this year or sort of building in any further anticipated moves than they were after that first tightening in December. So, you know, I think you're certainly seeing inflation expectations increase and the base rate of inflation assumption in the US is around 2%. Now, that's where they'd like to see it. Good demand for inflation, link bonds. But I don't think you're really seeing any expectation that this is likely to start a spur of upward movements in rates by the Fed. Do you think the drive, the very recent drive to floating rate notes and, I suppose, essentially a hedge against inflation in the future, is that probably a bit of an overreach at this stage and a bit early in the cycle? Look, I think definitely switching to floaters. And, you know, a lot of this action is happening in the very long end of the curve. So it does reflect a bit of an upward view of inflation and growth, but not really a movement in rates at this stage. I think in the shorter end of the curve, you know, definitely we're starting to see a little bit of a behaviour there and there was very low demand for a recent five-year US Treasury auction. So, you know, it's interesting. I think you're definitely in the shorter end, we're seeing a little bit more cautious. But we're still seeing huge demand for long-end, long-dated bonds at these sorts of levels as well. So, you know, it's going to be interesting to see, I think, there's still a lot of speculation, I think, at the moment out there, and, you know, will these, you know, inflation and growth expectations hold up as we drift into next year? That could be rather uncertain as well. That is the big question. Simon, we'll leave it there. Really appreciate you joining us. Thank you so much. Have a good day. Thank you. Simon Michele there from Fig Securities. I think...