The last thing I actually I just have to -- I can't help, since we've been pulling the numbers on this -- when we got the fourth quarter number for GDP, we now know what actual GDP change was from the end of 2008 to the end of 2009 -- it was 0.1, one-tenth of a percent.

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As with the GDP when it was revealed that a cutback in government expenditure and a fall in inventories sneaked 2.6% from Q4 GDP, it speaks volumes for the US private sector that growth was just down one tenth of a percent.

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And while the move shaves just one-tenth of a percent off its projection, traders began to doubt the extent of future tightening sending implied yields tumbling across the euribor curve.

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