mary: it is interesting and as we have seen the fed move toward a goodeld, we have seen amount of outflows from asset class. spreads have been fairly stable but certainly as rates rise, some of the more levered markets could see headwinds in terms of the cost index. jonathan: i saw a piece from a professor on twitter. he pointed out the tension in the market. the federal reserve is talking about moving through neutral. the market does not i it. it thinks the federal reserve is nervous about inverting the yield curve. they will have to invert the curve to go to neutral. can the federal reserve get through neutral without inverting the curve? bob: it is possible. one of the important factors that will influence that outcome is out of the fed's control. treasuries insurance -- treasury issuance. far, they have not extended the duration of the weighted average maturity and they are probably likely to do so in the near term. a shift could easily help the fed avoid an inverted curve even if they move above neutral. jonathan: as we close this segment, every friday, if you want on the occasion the