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Small caps. Day fromw up 7 on the the march lows. Energy is now up. It is incredible, the risk rally. David unfortunately, we do ask you to repay your credit card. Is there any hesitation in the bond market because we are ready to go out with Something Like 3 trillion this quarter. Abigail the issuance is incredible, wondering whether or not there will be the demand. We do have a pullback for bonds, but nothing along the lines of what would be stunning to the market. One expert to join us for a bloomberg segment, saying from a technical standpoint it does look like bonds are set to drop. Whether or not that comes on a risk on mode where investors do not want bonds, or if there is something scarier where there is not demand remains to be seen. At some point we will have to pay for this, but right now jay powell is saying dont worry. Lets get out of the crisis. Investors are listening. David thank you so much for that report. That i ....
Also taking a look here at the curve as well as bonds like i mentioned, 194 is where we sit on the 10year. Time for Global Exchange where we bring you market moving news from beijing to new delhi to washington and los angeles. Our bloomberg voices on the ground with this mornings top stories. We begin in asia where the chinese president is in macau to celebrate the return to chinese rule against the backdrop of unrest in china and calling for macau to diversify its economy. With the return of hong kong and macau to the moreland, it is completely up to china to handle the affairs of the two special administrative regions. There is no need for any external force to interfere. Alxy joining me is tom mckenzie the china open coanchor. What did you learn by the speech from mr. Xi . Tom he was there to mark the 20th anniversary of the handover and swearing in of the chief executive. Macau as a reminder is the worlds biggest gambling hub ....