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With the head of fixed income at the management you seen some stability over the last 12 months specifically since the start of 2016 when oil was very low. Middle east rates starting to get impacted, and you have the recovery as oil prices have stabilized. However, the big change and i think that is what we can talk about is middle east versus global because that is where the restoring the real story has been. Essentially you have a situation where if you would look at the spread on the jpmorgan middle east index and compare that to the fiveyear Energy Markets edx spread yousef we have done exactly that on the basis of your notes on the bloomberg, which compares and contrasts versus middle east credit. Tell me more about where this trend goes from here. Guest i think that is the interesting point. I think what we are going to see is probably middle east outperform global e. M. Over the next six months or so, see you are probably g ....
We begin with our conversation with the head of fixed income Asset Management hussein. I think you have seen some stability it obviously in the last 12 months specifically , obviously because of the best particularly since 2016 when the oil was very low, and you had middle east begin to get impacted. However, the big change, and i think that is something we can talk about, middle east read versus global em. That is were the real story has been in the past 12 to 15th months, the way that i see it. You have had a situation where if you look at spread on about Jp Morgan Middle East index and you compare it with the fiveyear emerging markets cdx spread we have done exactly that on the basis of your notes. Btv 7042, compares and contrasts em versus middle east credit. Talk to me a little bit more about where the trend goes from here. I think that is the interesting point, ....
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