kathleen gaffne, julien scholnick, and ira jersey.oming up, the auction block. all the talk this year about brexit did not seen this way -- to sway investors. we will tell you why, next. this is "bloomberg real yield." ♪ ♪ julie: i'm julie hyman. this is "bloomberg real yield." i want to head to the auction block now. investors are worried about the debt ceiling in the united states. the treasury's old $45 million worth of three-month bills at the highest rate since september 28. the debt to cover ratio was the lowest since january of 2009. over in the u.k., financial institutions more than doubled sterling denominated bond sales to $64 billion. the high-yield bond market had a bumper year with record corporate sales equivalent to $115 billion. investors hunger for yield amid rock-bottom interest rates fueling demand, including for the riskiest notes. i'm back with kathleen gaffne, julien scholnick, and ira jersey. thanks to all of you for sticking around. i want to pick up on the last point about high-yield and talk about the outlook

kathleen gaffne, julien scholnick and ira jersey.oming up, the auction block. all the talk about brexit did not seen this way investors. we will tell you why, next. this is "bloomberg real yield." ♪ ♪ julie: this is "bloomberg real yield." i want to head to the auction block. investors are worried about the debt ceiling in the u.s. -- the treasury -- the highest rates in september of 2008. ratio was theer lowest since january of 2009. in the u.k., financial institutions -- sterling denominated bond sales the to $64$4 billion -- billion. the high-yield bond market had a record year with equivalent of $115 billion. rock-bottom interest rates fueled demand, including for the riskiest notes. i'm back with kathleen gaffne, julien scholnick and ira jersey. thanks for sticking around. i want to pick up on the last point about high-yield and talk about the outlook for next year. it seems in the u.s. the high-yield market, there is not a lot of optimism for high-yield investors from where it turns will be next year. kathleen is shaking her he