still with me bob michael from j.p. morganjones from charles schwab and doug peoples from alliancebernstein. kathy do we assume that the , federal reserve next week grants from three, otherwise cointreau? kathy: you need four dots to move to get the median to move up. i think it is doable. i think it is possible assuming , that powell is one of them, i think we could see the dots grind up a little bit. jonathan: doug? doug: i think we are going to certainly see some sort of entering higher in the dots very they should be moving higher, but i think the real story is the market is coming up to meet the dots. it has been a long time since we have that in place. jonathan: without much encouragement either. it just kind of happened. bob, incredibly enthusiastic in the last 25 minutes, but isn't -- as a central bank or, isn't it most prudent to have optionality as a central banker and leave the upside risk of a four rate hike move further into the year and just leave it at three? bob: i think they will leave it for hikes this year.

bob michael from j.p. morgan, kathy jones from charles schwab, and told peebles.ant to get a market check. treasure market 2-year note higher by two basis points, down five on a 10 year. eight on a 30 year. the curve flattening once again in the treasury market. still ahead on this program, the final spread, the week ahead with the decisions of the fed and the bank of england. this is "bloomberg real yield." ♪ ♪ the jonathan. ferro.jonathan it is a big way to come with federal reserve first conference in spain elected. plus, a -- since being elected fed chair. .he bank of china still with me about michael from j.p. morgan, kathy jones, and doug peebles. where two stocks fall? kathy: you need for spots to move to get the medium. it is possible. assuming that powell is one of them. jonathan: doug? doug: we will certainly see some inching higher. i think the real story is the market is actually coming up. it has been a long time since we had that in place. jonathan: without much encouragement. enthusiastic was bob michael. is there some argument for leaving it at thr