sonali: karissa mcdonough and george bory. next, the auction block.is is "real yield" on bloomberg. ♪ it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. sonali: i am sonali basak -- sonali basak in this is "bloomberg real yield. time for the auction block. pnc leading the way with $3.5 billion in offering. while the banks were expected to stay on the sidelines but instead flooded the market with real -- new deals, jp morgan, wells fargo, and goldman sachs all had big yields. october seeing a big drop with only $6.7 billion in sales so far. higher yields and the potential for horizon the loss was on top of mind we caught up with -- earlier this week. >> we are already seeing in particular on the consumer side a rise in rates and we are seeing things also going up. take lending is slowing down on weaker data. this will predict the economy will begin to slow