back with us for our roundtable, matt hornbach, lisa abramowicz, and jim barrineau. week, we had the opec meeting, and the fed minutes. the fed minutes, what are you looking from that? matt: we are looking for more details on how the fed intends to wind down its balance sheet. are they going to go with treasuries and mortgages? will they cease reinvestment on only mortgages? we will get more details. hopefully, we will get more details on the pace at which people are expecting that balance sheet to come down. lisa: everyone is focused on the balance sheet. perhaps they will be looking at risk factors, though they come too late on some risk factors. jonathan: how much time is left before they need to provide an exit plan? matt: if you read the march minutes what they tell you is , that they are looking to get information out as soon as they have it. i think they want to avoid another taper tantrum. they want to give us some idea of where things are heading by the june meeting. jonathan: there seems to be a consensus on rates. where do you think there is a consensus on

jonathan: matt hornbach, lisa abramowicz, and james barrineau.lds lower by two basis points on the 10-year. eight basis points on the 30-year. we are pulling back. it is the final spread, the week ahead. the trump tour in europe. you're watching "bloomberg real yield." ♪ ♪ from new york city, this is "bloomberg real yield." time for the final spread. over the next week, president trump makes his first overas trip, which includes nato and g7 meetings. the fed will come out with meetings minutes from their last meeting. we will get a g7 summit later in the week as well. back with us is not back, lisa abramowicz, and jim barrineau. over the next week, whatever you fancy, what are you looking for? matt: we are looking for more details on how the fed intends to wind down its balance sheet. are they going with treasuries and mortgages, only mortgages? we will get more details on that and hopefully the pace on which people are expecting that to come down. lisa: people are focusing on the balance sheet. perhaps they will look at the risk factors. perhaps