"Corporate and treasury rates are up about 15 basis points so far in September, providing a glimmer of optimism that the slide is over. But with real economists saying things like 'market correction' and 'global slowdown,' it is hard for a pretend economist to think of good places outside of U.S. debt for nervous people to invest for the rest of the year. In the meantime, DB plan sponsors are well advised to put the champagne back in the fridge and keep a sober eye on corporate bond rates."