us aeo of omv will be with little later to discuss what is going on with omv.ut edwards sent a note last night, show me the money. of course i am channeling "jerry maguire." you got this supply, show me the money, show me the yield, and they did. the bid to cover ratio was a least in almost a decade. they tried to make this offering quite rich to bring people in, but the 3-6 month bills sold at a level not seen since 2008. times thethe last lines in the sense -- send -- sands when we had the option. option -- auc the bloombergtion. at -- the bloomberg aggregate index has fallen. the committee for responsible budget expects the u.s. deficit to swell even more this year. pressure --ng seeing pressure in the bond market. can we do just it -- can we digest it? anna: we have a lot to talk about in terms of that dollar conversation. ore prices and the quality of iron ore that the market is demanding. robert scott will beginning his first interview -- be giving his first interview of the day. let's get a bloomberg first word news update. >> let's kick off with the sto

plan, we've had very the coordination between irs and our team at treasury and the white house and the omv. there have been some rticles about a memorandum of understanding, that treasury has had for 30 years with omb, but i assure you, that mulvaney and i are working very to the together and extent that makes sense to reconsider how things have been done over the last 30 years that.already doing >> the president said today, hat past administrations, talking about the deficit, the debt, have let it go to hell. projections are still close to trillion dollar eficits that will be racked up in the future years. -- >> let me comment on that because i think that's an issue.ant again, as we've said, the debt has gone from 10 trillion to $20 trillion over the last eight years. the president is concerned about that. was component of that spent in the middle east on wars as the president has talked about. very esident has been clear that getting more money for the military was a major of his. and that's something that was achieved. that, the of democrats required us to raise nonmilitary money. impor