alongside robert miller from blackrock and mark okada of highland capital management. get a market check on treasuries. 2's, 10's and 30's shipping up as follows. yields lower on the two-year by about two basis points. the 10 year coming in six. the 30 year coming eight. the shape of the curve a little flatter. that conversation is coming up shortly. still ahead, the finals ride. -- the final spread. the week ahead featuring the mexican election and the payrolls report and of course, some fireworks in the united states of america. this is "bloomberg real yield." ♪ jonathan: i'm jonathan ferro. this is "bloomberg real yield." it is time for the final spread. coming up over the next week, mexico will be holding its presidential election over the weekend. it will be a shortened trading week in the united states due to the fourth of july holiday with an early close of trading on tuesday, and markets closed on wednesday. plus, we will get the fed minutes, the u.s. jobs report and the scheduled start of u.s. tariffs on $34 billion of chinese goods. still with me, priya misra

priya misra, bob miller, and joining us from dallas, texas, is mark okada.et to the story of treasuries so far this year. we have seen the call from goldman sachs, which is basically -- fold the big long, book your trade, book your profit. i have seen a call from a morgan stanley, which effectively issued a high on the u.s. 10 year. it takes me back to a question i will ask continuously, whether you think we have seen the high of the u.s. 10 year. priya: high for the next few months, probably. i am not sure if it is for a while. at 2.85, i think we are pricing in some of the risks. the u.s. economy is still pretty robust. when was the last time the fed chair said the economy was great? jonathan: it has been a while. priya: we have heard the economy is great, personal consumption expenditures price index is at target, and i think the -- personal consumption expenditures price index is at target. i think the fed will continue to hike. where i get nervous is when they go above neutral. 2% on the funds rate, financial conditions have not tightened that much. rat

priya, bob miller, and mark okada. priya, i want to begin with you.asically just -- book your trade, book your products. i'm cynical for -- book your profits. i'm cynical for morgan stanley. whether you think we have seen the high of the u.s. 10 year? >> high for the next few months probably. not high for a while. we are in a to 6310 type range. at 285i think the pricing is in some of the wrist. the u.s. economy is still pretty robust. the fed chair said the economy is great. we heard the economy is great, -- i think the fed is going to continue the hike. 2% on the fund rate is not interest. financial conditions have not tighten that much. i think rates can continue to rise. get about 3% i think money comes out of other risk assets. that is what ultimately caps it. have we seen that theme park to emerge -- that theme start to emerge? how things would rotate out of elsewhere and into the front end? have we seen the bulk of that play out? >> i didn't we are in the early innings of the marginal unit of capital coming into the front end of the yield curve