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From fed chair jay powell later this week. The thing is it is the higher Interest Rates putting u. S. Treasuries firmly in focus and the looming Government Shutdown not helping either. Lets have a look at the open for bangkok. The thai market down a fraction and at the moment as well we are seeing the thai baht relatively steady in the face of what we have been seeing. The baht actually is not that steady, around 38. Actuallya a big day for the dollar. A rising yield, weve got the japanese 10year approaching 75 basis points. The three year in australia. Talking of bonds, lets bring in charlie jamison. Thanks for joining us. What are you making of this . We have jamie dimon saying the world not be prepared for a fed funds rate of 7 . Now he says the worst case is 7 with stagflation. What do you make of these comments . Charlie look, i think the world is certainly not prepared for 70 7 rates. We would have a deflationary asset unwind and it would burst a lot of asset doubles. It simply w

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