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BLOOMBERG Bloomberg Real Yield June 30, 2017

Put. Confusing. S were of the titanic should we have been waiting for. The speech itself, im not sure the market is interpreted it. There is a very clear shift in the tone relative to the last policy meeting. Quite a dramatic tone. Backslide to expand how tightening is not really tightening. I think the hope was if you explain it that way, Financial Markets will not get into a tizzy. I did not read draghis statement on tuesday to be anywhere near as bearish as the market is taking it. I take it the other way. I think it is a signal from draghi that even if there is going to be further support and tailwind in the economy, the central bank is still there. Already late getting going. Jonathan so was eloquent or confusing . Is jim me from new york caron of morgan stanley. Guy lebas of Jenny Montgomery. And Margaret Patel
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