still with me, colin robertson, andrea di censo, and alan higgins. to wrap things up with a conversation i've been having through the week. whether you want leverage loans or exposure to high yields. the debate seems to be either/or. andrea: really, it comes down to rate sensitivity. less duration, more sensitivity -- more attractive in a rising rate environment. we think there's value in the bank loan market itself, but i think what we've seen is net issuance on the high side, whereas in high-yield markets, you have the market technical of it doing roughly over 20% less issuance this year than in previous years. that is a boost to high-yield markets. what worries me in the leverage loan market is this covenant-light conversation. that's going to come to fruition in the next downturn. what will recovery rates look like, should we enter a downturn again. jonathan: we talked about a particular asset class or security, but don't spend a lot of time talking about how easy it is to buy and sell those securities. someone said to me this week that it wasn't

colin robertson alongside andrea dicenso and alan higgins.the markets this week, a check on the treasuries. twos, tens, 30's shaping up as follows. front end up five basis points to 255. you end up with a flatter yield curve. still ahead, the final spread, the week ahead, featuring a central bank all-star panel. powell, draghi and kuroda. this is "real yield." ♪ jonathan: i'm jonathan ferro, this is bloomberg "real yield." it is time now for the final spread. over the next week, another round of data on u.s. housing and some central bank decisions from the bank of england, mexico, and brazil. plus, the opec meeting to look ahead to. draghi, kuroda and powell are all together on a panel. a lot of stuff you don't want to miss. still with me, colin robertson, andrea di censo, and alan higgins. i want to wrap things up with a conversation i've been having through the week. basically, whether you want leverage loans or exposure to high yield. the debate seems to be either/or. how are you thinking about that debate right now? andrea: really, it com

i'm andrea higgins from public works, and i don't have any new information to add. thank you. >> thank you. >> i have a question, miss higgins. so recently in the last hearing, it's come that what -- what are these antennas? are they allowed to go tridirectional or are they bidirectional? >> basically, article 25 says they have to meet the public health compliance standard of article 25. article 25 does not give direction on the direct -- direction on where the antennas should beam, it's just the public health compliance standards basically that the emissions comply with the f.c.c. standards. >> okay, and is it different if they're beamed directly into a property in comparison to laterally? >> we just rely solely on the health department to make the assessment whether it complies with the public health compliance standard sfl i me-- >> they've been saying it's bidirectional and not headed towards the properties, but now we've heard that it's tridirectional. is that a basis for them to be allowed or not allowed, right? >> we can probably ask the health department to