we have seen ingressive -- investment-grade in high-yield and leverage loans, adequate leverage has gonee -- gone up substantially. the spread per unit of leverage, basically compensation for the credit risk you are taking, is nearly at an all-time low. in that sense you are not getting paid for the kind of leverage and risk you are taking. as jim pointed out, the performance has been good so far, high-yield in particular has been good. but that doesn't take away from the fact that you are not being paid for the leverage you are taking on today. jonathan: one thing we know in the fixed income universe is the huge bid. the previous conversation was about repricing the central bank, maybe completely pricing the phasing out. how does the shape your thoughts, not just on treasuries but the whole universe when we use complacency -- you think about that more broadly? >> well, yes. the whole discussion about covenant lite takes me back to the financial crisis. and this is kind of what is intended from the qe, you are supposed to be trying to get the spectrum the credit and get the portfolio bal

been using license plate readers, traffic cameras, various methods of looking at routes of travel ingressegress to the capital beltway. we have been talking to people. >> reporter: now, the chief says despite this recent spike, homicides in the cnt are down 12 percent when compared to the same time last year and their closure rate, he says, is 80 percent. live in palmer park, paul wagner, fox5 local news. >> ♪ >>> we've got some breaking news tonight. congressman steve scalise is undergoing surgery to help manage an infection. last night we learned doctors downgraded his condition from fair to serious because of an infection. medstar washington hospital center says doctors had always expected an infection. the house majority whip is recovering from a gunshot wound after being shot last month at a congressional baseball practice in alexandria. two capitol police officers, a congressional aide and a lobbyist were also hurt in that shooting. >> president trump is in popoland today ahead of the g20 summit. he said he has pretty severe things planned for north korea. he didn't get into specifi

we have been using license plate cameras, various methods of looking at routes of travel ingress, egress to the capital beltway. we have been talking to people. >> reporter: now, the chief says the homicide rate is down when compared to the same time last year and their homicide closure rate at this point is 80 percent. live in palmer park, paul wagner, fox5 local news. >> ♪ >> i remember -- when i called, i was hoping that he answered because even what i was doing, even just the fear that it was him, i was going to wherever he was to hug him and -- i didn't get chance to do that. >> that emotional response from baltimore police spokesman tj smith after he found out his young dionay was murdered. police arrested and charged a suspect in connection with the homicide. detectives say they used this surveillance video to help them identify terrell gibson as the suspect. they secured a warrant and then arrested him at his home. the 21-year-old now faces murder assault and reckless endangerment charges. police say smith was found shot to death sunday night inside his apartment in west baltimor