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Extinct him investor fixed income investors interested. They are crushing yields. Joining us now is jeff rosenberg. Its fantastic to get you on the show for this topic, the role that treasuries play in a portfolio, from 2020 looking out. Its a huge topic at blackrock. How are you thinking about this question . This i wrote a piece on and continue to write under the theme on investing without a parachute. This september is a really good example. We wrote pieces on it and everybody is talking about it and its like ok, what does the new world look like that we are going into . In september, equities are down 8 and treasury yields are highlighted by all of those comments. Barely budging. Its the combination of the low yield makes the income relatively unattractive, a couple of comments in there about taking credit risks. And it will come around to that question in a second. But another thing that is difficult about the investing outlook now and where treasury yields are is that they are no ....
You know 1st things 1st we need to address dead classic and the way byron de railed dortmund off their track of success on saturday for defending champions went from lackluster to dortmund buster ali ill start with you did you see this coming considering the momentum going into the match no not at all especially with by and i did not see by and pulling 4 goals out of the hot you know i must admit i thought this was going to be a pretty low quality classic compared to some of the other games weve had last season for example had a great 1st lawyer of the season. But you know but it seems a bit in pretty poor form so far this season dropping a lot of points by an obviously sent that coach dortmund perhaps a thought about sucking the coach already so i did not think this was going to be the best that weve seen recently is dortmund lived up to that and even more but by and i mean for them to come out with Something Like that just a wee ....
A cease fire with heavy after heavy fighting with israel kills at least 32. 00 Palestinians Israel has not confirmed any deal and already there are reports of more rockets being fired into its territory. Was one of europes cultural jewels underwater the highest tide in flop a century inundates venice mayor is blaming Climate Change the Prime Ministers calling it a blow to the heart of italy. Hello im terry martin good to have you with us in the u. S. A landmark day on capitol hill lawmakers have begun public hearings in the impeachment inquiry against President Donald Trump the 1st in 20 years 1st up testimony from 2 top diplomats trump has called process a witch hunt he says hes too busy doing the peoples business even to tune in. A historic day for th ....