Good article but weird chart, “Bond Markets Over Time”. Both axes are reversed to make it look like something is increasing (y-axis) over the size of the oppor

Good article but weird chart, “Bond Markets Over Time”. Both axes are reversed to make it look like something is increasing (y-axis) over the size of the opportunity (x-axis), when instead he’s making the point that Alpha (y) decreases as size of opportunity (x) increases.