Second the committee is discussing conducting this hearing in compliance with house regulations. It is being broadcast live on the committees website. Because of the threat posed by the pandemic remains ongoing, we are meeting remotely to ensure the safety of our witnesses, members, staff and public. While we wish we could return to all standard in person events, health and safety protocols dictate we find alternate means of carrying out obligations. Ok so, let me remind members of a few remote hearing procedures. First consistent with the regulations the committee will keep microphones muted to limit background noise. Members are responsible for on using themselves when they seek recognition or been recognized for their 5 minutes. Because there are sometimes delays, i would ask members and tonesses to allow some time ensure the last speaker has finished. Members and witnesses must have their cameras on at all times. If you need to step away, leave your camera on. If you encounter tech
From public disclosure. Second the committee is discussing conducting this hearing in compliance with house regulations. It is being broadcast live on the committees website. Because of the threat posed by the pandemic remains ongoing, we are meeting remotely to ensure the safety of our witnesses, members, staff and public. While we wish we could return to all standard in person events, health and safety protocols dictate we find alternate means of carrying out obligations. Ok so, let me remind members of a few remote hearing procedures. First consistent with the regulations the committee will keep microphones muted to limit background noise. Members are responsible for on using themselves when they seek recognition or been recognized for their 5 minutes. Because there are sometimes delays, i would ask members and tonesses to allow some time ensure the last speaker has finished. Members and witnesses must have their cameras on at all times. If you need to step away, leave your camera o
Address the problem. Without objection, the chair may declare a recess at any time. I want to go through our usual housekeeping matters. Todays session will be conducted on an unclassified basis. All participates should refrain from discussing any classified or other information protected from public disclosure. Second, the committee is conducting this virtual hearing in compliance with House Resolution 965. It is being broadcast live on the committees website. Because of the threat posed by the covid19 pandemic remains ongoing, were proceeding with this hearing remotely in order to ensure the safety of our witnesses, members, staff and public. While we wish we could return to all standard inperson events, health and safety protocols dictate we find alternate means of carrying out our oversight obligations. Okay. So let me remind members of a few remote hearing procedures. First, consistent with the regulations, the committee will keep microphones muted to limit background noise. Membe
Profits would benefit under that scenario. Tom what is the theoretical justification now for owning such a low coupon . Caroline so this is the big debate, isnt it . Beijing provides stability in portfolios when you do get the downturns, the bonds still act in that manner. With the help of that perspective, in terms of our preferences in the bond space, going to areas where youre getting more yield, so emerging market bonds, for example, where the income is a bit more attractive. Are, theok at where we reset in q4. Is this a moment of drama for you in terms of reset and reallocation, or is it a q4 steady as she goes . Caroline i think it is important to have a continual rebound and seeing portfolios throughout the year on a regular basis as markets move. Whether we are into one quarter or another doesnt matter so much. We have had the peak economic upping if you like from the virus lockdown, so that is quite helpful, but it will fade as we go forward. But our expectation is that we ret
At the surge in grown a virus cases in several countries. The power of a boycott Anti Government she led protests in thailand cribbed affective forcing some companies to pull their commercials from television. Television Security Forces have detained dozens of protesters a massive antigovernment rally in the capital minsk president Alexander Lukashenko house repeatedly issued threats of violence against the demonstrators but instead theyre continuing to defy those warnings and calling for him to step down but its myth has the latest from neighboring lithuania. There is still some number. As for the 10s of thousands of protesters on the streets of ments. The ministry of interior in valorous has warned them that demonstrations are illegal closing off city squares and streets but that hasnt stopped people descending on the capital for a 4th week of protest against the continued leadership of president Alexander Lukashenko he claims he won the august 9th election with 80 percent of the vot