keenan, oksana memani.and krishna withna, i want to begin you and bring up the subject of what's happening in credit at the moment. investment grades wider. high yield has stayed tight. what do you think about what is happening at the moment? krishna: investment grade is quite wide compared to the beginning of the year, almost 35 basis points. that is very significant. the reason is issuance has been far more robust than in the investment grade market. core buyers of investment grade credit, overseas investors, have been missing in action. that combination has put us in a bit of a pickle. hand,ield, on the other the technical side, in better shape. fundamentals are really good, together holding nicely. jonathan: jim keenan, anything to worry about? clearly, there are companies out there that will leverage in the balance sheet. is there a worry for you? i agree with krishna with high yield but take a step back, i don't think you are seeing, from the leverage you are seeing in the corporate space, something that you should be worried about from a economic perspective. certainly creating more