. ♪ lisa: i am lisa abramovitz.ere in the united states, strong demand from -- for 10 years stealing the spotlight. high-grade issuance are nearing $36 billion in the wake of the decision to unwind corporate credit. rising consumer prices are fueling the fire. it also was another blockbuster week of auctions with the sale of a $500 million offering for bitcoin. marilyn watson, bob michaels, and jean put it so --gene panuzzo are still with us. gene: there is definitely froth in the market. bond yields are plummeting to the lowest levels ever. it speaks to the backdrop we just talked about, central banks are causing yields to evaporate from markets. investors are finding yield wherever they can find it. right now, there is a shortage of income producing assets. the asset class has been a beneficiary in a bit but sweet spot. fundamentals are strong. default rates are coming down quickly. it is amazing in an asset class like i yields how allowing companies to extend maturities can reduce the default rate. we have built