neil dutta, renaissance macro research, ahead of a huge payrolls report.s are in four basis points on tens. i think it is frontier. this is bloomberg. tom: it's frontier. [laughter] ♪ so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating and losing weight. go to golo.com and see how golo can change your life. that's golo.com. ♪ jonathan: good morning to you all. alongside tom keene and lisa abramowicz, i am jonathan ferro. jobless claims coming out in the next couple of seconds. futures up .4% on the s&p. in the bond market, yields in four basis points. here's the data. here is michael. michael: unfortunately higher with jobless claims last week we broke through the 700,000 barrier, we broke through the other direction this time s

neil dutta has said the next seven months we should see one million jobs a month.member even if you go back to where we were, we would not be where we should be because we would've been adding another 200,000 jobs a month. you are still going to be 12 million or 13 million behind. the number a lot of people are watching, and it is on our jobs report estimates page, is the participation rate. the fed wants to see people coming back in the labor force, looking for jobs and getting them before they will decide we are at full employment. alix: really appreciate it. thank you ray much. i'll be watching you tomorrow morning. bloomberg's michael mckee. this is bloomberg. ♪ alix: live from new york, i am alix steel with guy johnson in london. more updates from the opec meeting. it looks like the deal is done. they will be increasing production starting in may, about 350,000 barrels in may and june a-day and upping that in july. we do not know what saudi arabia will do. they were cutting in one million barrels. we do not yet know what that will mean. guy: it is interesting

i love what neil dutta says. he goes for it.e also says the european union getting its act together. you have to watch the blended dxy statistic and we do not see it yet. euro through 1.20, will we get that? jonathan: looking forward to the conversation on bloomberg tv and radio. in the next hour i will be catching up with chetan ahya on this better economy, a better economy this man has been looking for for the best part of 10 months. keep waiting, tom. it is coming. in the 10 year treasury, 1.74 to close out march. back to below 1.60. jonathan: the way you got -- tom: the wave you got out of coinbase yesterday, you were courageous. jonathan: let's go for a drink later. is this it, really? this is bloomberg. ritika: with the first word news, i am ritika gupta. the biden administration has hit russia with a new round of sanctions dozens of russian officials will be penalized, expelled from the u.s., new restrictions on buying russian debt. that is in response to allegations russia was behind the massive hack to agencies and in t