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Them. Nordstrom all lower. At to a clock p. M. Eastern, we get the fomc at 2 00 p. M. Eastern, we get the fomc minutes as well. Guy stocks in europe a little softer than they are in the United States, which is interesting. The trade story certainly front and center for most people. We are also watching whats happening with the hound with the pound. Dropped first thing this morning, still north of 1. 29. A little bit of a bid for the bond market. We are moving, as you can see, down by two basis points on the german tenyear. Prices rising just a touch. We are now joined by viktor hjort, bnp paribas global head of credit strategy and desks analyst. Good afternoon. Credit markets and equity markets seem to be taking a different view about what is happening when it comes to the trade narrative. Credit markets, particularly when it comes to primary issuance, continued for k very optimistic view of the world. Why does credit stand out as having a much better view of what is happening . Viktor

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