And finally, 1 00 p. M. Time, the u. S. Treasury is set to auction 24 billion in three year notes. Jonathan thank you very much, david. And an uncomfortable market. The s p 500 finished yesterdays session unchanged on a record close. Joining us from hong kong is sean darby. And of course, allen russ kin of fx research. Much has been made on the vix and the s p s. Give us your thoughts and your initial takeaway. Weve got a period where real bond yields have been turning negative in most of the developing markets. Thats been accompanied by a fall in the dollar and the background got a resurgencing global trade. So its a pretty Perfect World for the economy and for equity markets. I suspect why weve had such a low reeding on volatility measures over the last couple of weeks. Jonathan whats interesting about this is people often come out and say this is a sign of complacency but realize its also very low. So isnt this just a case of the market being right . I think the markets have actuall
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