Be interesting to see where interest rates bottom out. Since the GFC, it hasn't been hard to find sub 2% 2 year rates in the UK. Off the back of this event, is it too much to suggest we'll see rates in that vicinity here? For what it's worth, HSBC, who are often at the sharp end, service both markets. I'm waiting for them to ruffle some feathers with somewhere around 2.35-2.45. Expect asset prices are going to go crazy in a few years.