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Right now we're going to begin here, Manis Crney, Lisa Brahmets, and Tom Keene with our definitive call in the day on global fixed income.

Wealy, as Global Chief Investment Strategies of Black Rock Prodigious in Mathematics,

and joins us here on our fears of price down and yield up.

Whaley, thank you so much for finding the time.

Where is the bid on bonds?

To me, the bid is walked away.

Is that true?

Is there just a dearth of bid across all of fixed income?

There are lots of moving parts right now.

Good morning, everyone.

In terms of our view on long bonds, long duration,

we have been underweight, US long duration for three years now since late

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