oksana: absolutely. ferocity with which we got here will be probably somewhat similar on the way back, if this does end up being a blip. i don't think that is anyone's base case scenario right now. but the gains can and will be taken away just as quickly. jonathan: let's get to the rapidfire round. three quick questions. can the 30-year yield break 1% before the end of q2? one of you, yes or no. gershon: it would be crazy to say anything other than yes. george: yes. oksana: yes. jonathan: yes, yes, yes. high-yield spreads, in and around 500 basis points. what do we hit first, 350 or 650? what do we hit first? you have to hit one of them first. oksana: 650. gershon: 650. george: 650. jonathan: oh, march 18 fed meeting, 25 basis points, 50 basis points, or nothing? oksana: they are so scared. 50 basis points. george: the policy is 25 but i think they will do 50. gershon: model in my head averages to 41.37. jonathan: there we go. ok, very specific. great to catch up with you all. thanks to george rusnak, ok

oksana, let's begin with you. remember the payrolls report? oksana: vaguely.onathan: do you remember the rate cut earlier this week? how long has this week been? oksana: one of the longest but also one of the most exciting. if you were coming into this with a lot of dry powder, as we are, this is like christmas morning, although we are just getting warmed up. we have been getting a lot of questions about, is this the time to add risk? i'm sure we'll talk more about this. in terms of the jobs report, it seems irrelevant now, but it is great to know he had a healthy patient coming into this. we don't know how transitory this will be, whether this is that black swan being thrown around. it is good to know the economy is on solid footing. jonathan: you were the first person that has sat around this table with me and described any of this price action as something like christmas morning. gershon, i don't know if you share that sentiment. gershon: i am kind of worried. i've been doing this for 23 years, and this is the first time where nobody cared about the jobs re

oksana, here's a question from liz.mell over a week ago, is that a symptom? there have been some anecdotal reports from specialist that this could present as an early symptom. the who is collecting data on this but at this stage, it is too early to say for certain that it could be. if anyone is experience this, which could be related to any kind of viral infection which causes inflammation in the nasal passage can inflammation in the nasal passage ca n affect inflammation in the nasal passage can affect smell. if anyone is experienced this, it would be a good idea to monitor if they have any other system. the who currently is collecting further evidence to really try and have a better understanding from what these specialists are saying and to find evidence—based approach towards any recommendation going forward. penny, what have you heard on that particularly? i have seen it mentioned more and more over the last few days. i think it stems back to one particular group who had a press release, suggesting this should be c

let me go back to oksana.olk, i have had the virus, can a friend visit me by a private car? if they have the virus and it is, they have symptoms, even for essential reasons, they should not be going outside because that's within the 1a days. as we have heard the prime minister, over the last several days, really, we should not be engaging in socialising. we need to only go outside it is to get essential supplies or medicines and if you are a symptomatically some otherwise, these need to be arranged through other support groups, which the government is helping people who cannot get those supplies and they are ill. no, in this instance, they should not be travelling for socialisation to visit friends and taking private cars, because that is how the virus will then travel. we know that people, even who are a symptomatically, are carriers. we need to take the advice seriously. penny, back to you. is it any clearer if you can actually catch this more than once? we are still actually awaiting to hear on that missive

developments coming from zagreb you will of course bring it to you ok time in moments though to see who oksana has in the hot seat today worlds apart that's going right after the break. a dark industry comes to life in los angeles every night. dozens of women sells their bodies on the streets many of them underage. los angeles police reveal a taste of their daily challenge no if you're going to exploit for a child here in los angeles there we're going to come out of the office is going undercover as 6 workers and customers to fight 6 trade. mats geysers financial survival guide liquid assets are those that you can convert into gas quite easily. to keep in mind though as a tremendous pleasure. for. the welcome to worlds apart coming together and by staying up.

i'm joined by oksana pyzik, who leads the outbreak educational programme on infectious disease and globaliversity college london. thank you forjoining us. world health organisation has now finally declared this as a pandemic, what does that mean? said the terminology pandemic should not be taken lightly and the whl has done this taking into consideration the form of transmission that is currently occurring. there are over 114 countries i currently have cases like coronavirus, with four of those being in china, south korea, iran... when people hear this news what does that mean for them? the advice does not change and it is a pandemic now because people are bringing it and 01’ because people are bringing it and ora because people are bringing it and or a local transmission within the community. we knew that, didn't we? the word is so potent, people who hear it become quite panicked and there is a lot of fear. we have already seen that it read topic and markets. does the declaration change any governance behaviour is around the world is yellow the current advice stands around containment an