i want to see the survey, kind of the forward-looking .omponent, ism lisa: time for the rapidfire roundll perform better next year, high-yield or investment-grade debt? iain: investment-grade. james: treasuries. ian: i'm going to go with high-yield. we are at an interesting inflection lisa: have we already point. seen the cycle lows for u.s. treasury yields? iain: definitely not. james: absolutely not. ian: no way. lisa: will we see a credit explosion in the next two years? iain: i don't think so. james: yes. ian: yes as well. lisa: thank you so much. from new york, that does it for us. back next this is "bloomberg friday. real yield." ♪ ♪ haslinda: hello, i'm haslinda amin. he was born in the soviet union, but calls singapore home. serguei beloussov is a serial entrepreneur who puts knowledge of the heart of everything he does. he has founded more than two dozen companies, among them acronis, a data protection firm valued at more than $1 billion. serguei beloussov is today's "high