jim seltzer spoke at the economic forum sing better terms and pricing are more emerging in both the public and private markets. >> when you have the dislocation we have had so far, there are opportunities within the public markets and the investment markets and low dollar price and interesting opportunities. in the private market, you new capital is coming with better terms and better pricing. you are in this unique period where there is actually opportunities and the higher end of both of the markets is interesting. higher yield on a yield basis is somewhat attractive but on a spread basis it is historical levels. the spreads this morning are bid 500s, approaching 600. this is typically a time when you get interested in yield. right now it is approaching 10% which is a very attractive number. it is my view that's, having done this for a few decades, things are happening faster and faster. >> faster and faster and faster. private credit is no exception. the ns that this week there is more than 12 billion dollars from investors for strategy providing senior loans with the middle market comp