jenny johnson, president nca of franklin templeton.ival, an exclusive interview again with a cao of -- ceo of the abba w financial services -- the ab w financial services. athaad: just to take a look going into japan, the bank of japan and the jgb auction. yields taking up 2.48% on the 30 year note. 90.46 with the ultimate average of the 30 year note average. highest yield on those notes, 0.46%. that is what we have. let's talk to you about west bank. datad at this inflation coming out of new zealand. they are now expecting the rbn data to cut the cash rate. it stands at three quarters of 1%. zero point 75%. there pointing to the expectations for a drop in inflation ahead. that is leading them to guide down. they expected to hold the cash rate at 1%. they think it will be cut to .75%. that is the west bank reading of the new zealand inflation expectations figure we had earlier. this is bloomberg. ♪ >> let's do a quick check of the latest business headlines. tesla has shown off its first cars built in china as it prepares to stock sales

. >> and if we were to look out in the market in franklin templeton or whatever, we won't see a stable value fund out there for the average consumer? >> no, not for retail, no. >> what about institutional? >> institutional is not retail, but yes through other institutional plans and franklin templeton offers stable plans through other lanes and let's just say apple has their own 401 k and they could have that as a manager. >> i got it, thank you. >> sure. and in addition, future portfolios launched in september and nearly 5,000 participants invested thus far. for those not familiar with future ready, they're similar to targeted funds. they're designed according to your date of birth. whereas future ready can be customerrizedcustomized to risk preference. someone older may prefer a ris different strategy. millennials are conservative after witnessing their parent's financial situation in the 2009 recession. (please stand by). it was a great introduction for me, detailed and informative. the type of feedback is very helpful for us and it's really good to see where we stand in our partici

. >> and if we were to look out in the market in franklin templeton or whatever, we won't see a stable value fund out there for the average consumer? >> no, not for retail, no. >> what about institutional?