needs to be shoveled into the one thousand five hundred degree furnace it's no easy job but make out gessner loves his work he's been working as a stoker for the narrow gauge railway since last august. how can i argue i heard on the radio that they were looking for stokers so i decided to apply and was lucky enough to get picked up for. the train might be from the nine hundred fifty s. but it runs on a modern timetable and several times a day it climbs up the broken mountain to the peak at an altitude of around eleven hundred meters in the winter the peak is often covered in snow. this makes it a special treat for passengers even if they're sometimes greeted by a snow storm at the top they just have to make sure to bundle up. at each stop the crewman regularly carry out inspections whatever the weather. the worst part is the wind and when the snow freezes it feels like needles pricking your face and when you get off the train you almost get blown over. fifteen minutes later the train trundles back towards the valley the next stop is very good order where guests now lives. the colorful town i

david: maddie gessner of j.p. morgan will be staying with us.up, an exclusive interview with dwight scott. this is bloomberg. ♪ david: erik schatzker in london for another exclusive interview. eric:? with -- i am here with dwight scott. good to see you. >> good to see you. the target.k at treasuries are backing up. credit spreads are widening. widened by 30 basis points in the past week alone, are cracks starting to show? in the economy is a time to be cautious. the things you mentioned are after a year of tightening spreads in high-yield, tightening spreads in pieces of the market. you start to see treasuries at three and a quarter were at a level people were going to be nervous about. that is where we are and you have discussions about growth from their so we have a lot of conversation about what happens of treasuries go to five and we think that means you are to be cautious in fixed income, particularly high-yield. those are places where you need to be careful. erik: is the treasury headed to --? dwight: the economy is strong. you see that in