was outgoing new york fed president bill dudley speaking with bloomberg editor-in-chief emeritus matt winkler in an exclusive interview. you can continue to watch the deadly if jonathan: i am jonathan ferro. this is "bloomberg real yield." record quarter, first port of issuance from the treasury. the treasury borrowing $488 billion from the single biggest quarterly amount of debt sold since 2008. the treasury said this week it will boost the amount of long-term debt itself to $73 billion in the current quarter. moving to u.s. corporate, may could be a strong month for , the largestell month over the last three years with an average of 171 billion dollars. in south america, the nerve's running high rates has spread to the bond market. -- 4 copiess listed posted $2 billion. and me from td securities jenny montgomery scott -- if you are argentina and start throwing rates up to 40%, some people might argue, just guessing -- what you need to do to get this done 40%? >> argentina is a special case in this whole discussion. there is a lot of specifics. it goes back to the brady bond days when the co

interview, ixit will join the new york fed president bill dudley sitting down with matt winkler coming on bloomberg television. in the meantime, look at how markets are doing as we are past the halfway mark this friday. this is bloomberg. ♪ david: noon in washington and midnight in hong kong. from new york, i am david westin . andy: i am shery ahn: welcome to bloomberg markets: balance of power. david: loving the jobs. president trump lauds the jobs report by says u.s. has to bring fairness with trade to china as the delegation says more work needs to be done. , we talk withise outgoing new york fed president taylordley with on appeared -- john taylor. as president trump goes to , weess the nra and dallas fromto the representative florida where the shooting took place. what happened to all that talk about gun control? ♪ shery: two days of

later, the outgoing new york fed president will join matt winkler for an exclusive one-on-one exit interviews he prepares to leave the largest and most the federalof reserve banks. we will bring you that interview at 5:30 p.m. u.k. time. matt: definitely an interview we all want to look forward to. coming up, another interview you should look forward to. can big oil ever be sustainable? are they the only ones that will win a sustainable race? we will ask the ceo of one of the largest oil companies in the world, statoil's ceo joins us for an exclusive conversation. that is next. this is bloomberg. ♪ ♪ guy: 16 minutes till the start of cash trading in europe this friday morning. let's focus on the future of the energy industry. the ceo of statoil is london today for the socially responsible investing day. first, let's get background on the company. withmarie: let's start what statoil has been performing. 40% since last year. it is moving in correlation with the price of oil, which has surged. it is also one of the top five biggest gainers compared to its peers on the stoxx 600. deeper into sta

bill dudley sat down with our own matt winkler as dudley prepares to leave the largest and most intellectualeral reserve bank. bill: i think the outlook over the next couple years is pretty good. economy is growing at above trim pace. business as you know seems to be in good shape financially. the household sector is in good shape financially.household debt has been going quite slowly during this cycle. we saw today another good game in payroll employment so i would be surprised if the expansion were to end in the next year or two. there are some things i see over the longer term. one cloud is what will happen on trade policy. array going to continue with an open trade system, or are we going to have to raise trade barriers and get in a trade war? we go down the bad at, that would create quite a risk for the u.s. economy. the second thing is fiscal sustainability. the corporate tax reform probably was overdue. but this is a lot of fiscal stimulus late in the cycle, number one. number two, if you look at the fiscal deficit projections from the congressional budget office, there is abundant de

outgoing new york fed president joins matt winkler for an exclusive one-on-one conversation, i next interviewres to leave the largest and most influential federal reserve bank. that interview at 5:30 p.m. u.k. time. ramps up spending to compete with its regional rival but could jack ma's shopping spree turn off investors? we are live in hong kong next. this is bloomberg. ♪ ♪ economic, finance, politics, this is "bloomberg surveillance." i am francine lacqua in london. >> the analyst elon musk was harshest went on the investor call says investors are more -- anxious of the kessler -- tesla, their shares fell after elon musk's remarkable earnings goal. -- call. ceos canunusual, often be disappointed or disturbed by questions or do not appreciate multipart questions. i think the level of outright dismissiveness was unusual. >> berkshire hathaway has fought another 75 million -- bought another 75 million apple shares, backing their ability to generate profit according to cnbc, citing warren buffett. the stock purchase adds to the arm was 170 million shares berkshire hathaway already owns an apple