an all-star cast, megan graber at barclays, matt brill, head of north america invest great credit at inestod -- we had it all, buy side, sell side. investment-grade issuance slamming. but how much is left in the pipeline? >> there is a decent amount to go. march will be another incredibly active month. we hit the ground running in 2024. we have yet to lose signs of steam. but if you want any indicator of the outright strength of the meg ryan -- backdrop, the reemergence friday is a viable execution window, that is it. we see that evidence here again. a dear barclays is involved with with jumbo. there is increased expectations the theme will continue into quarter two. 2023, there were maybe five days that were supportive of friday issuance. it gives you a sense of the backdrop we are operating in. sonali: it feels like demand is insatiable. if you see $80 billion, 80 $5 billion coming in for a $15 billion offer, what does it feel like to be sitting on the other side of that? do you like where spreads are out right now? >> can't say i love where they are at, but it is about yield. we have bee