guy lebas from montgomery, michael purves from weeden and company, priya misra from td securities.ies, twos, tens, and 30's through the week. yields up on the front-end by a single basis point to 250 on a u.s. 10 year and unchanged at the longer and. still ahead, the final spread. the week ahead featuring the bank of england and mark carney. that conversation is next. this is "bloomberg real yield." ♪ ♪ jonathan: i'm jonathan ferro, this is "bloomberg real yield." time for the final spread. next week, nafta talks resuming in washington, d.c., bank of england out with a policy decision and inflation report, plus a news conference from governor mark carney. we get u.s. ppi data and await a decision from president trump in regard to the iranian nuclear deal. still with me, michael purves from weeden and company, priya misra from td securities, and guy lebas from montgomery. a big week for issuance coming up. a failed you define auction and will we get one in the treasury market? it wasn't until later this week when blackrock brought the subject up to me. how would you define it and ar

scarlet: for more on market action, we will bring in jim paulsen from leuthold weeden. big caps struggle to make headway, one step forward, two steps back or vice versa, small caps continue to go higher. russell 2000 at a fresh record high. doesn't have anything to do with rising yields? are rising yields dissuading people, pushing them to small caps? jim: my take is that many people attribute it to the dollar strength, but it was happening before the dollar got strong. i think that small caps do well particularly around full employment with rising inflation. i think that they track commodity prices fairly closely. the reason i believe that, is disinflation, high and intense topline pricing competition tends to her the smaller companies. larger companies have wider profit margins and they tend to be able to deal with topline compression much more effectively. small companies do not have much room to deal with that. but if you get into inflation with the top line goes up, there are much more operating leverage from the smaller cap companies and they tend to outperform. i

each year conventional pharma spread around nine kilograms of pesticides perfect air these weeden fungus killers make life easier for them without these chemical agents the argument goes the world's population could not be fed. me. the pesticide industry has a turnover of billions but at the expense of the general public the chemicals are not only found in food when it rains they seeped into the soil and end up in the groundwater invest in their fifth from from it out here soil samples are being taken to a depth of fifteen meters thick in the past water companies focused primarily on nitrates occurring as a result of over fertilization. doesn't tartars millibars nitrates are already a major problem and we now know that pesticides could also become one we're keeping a close watch on this and we take regular samples to see whether levels are increasing from year to year on the kinds of conduct of your. novel yada. the main problem is that many pesticides do not decompose once sprayed they remain in the environment for years this is legalized environmental pollution on a grand scale and it

but prosecutor weeden wetmore said evidence put beard at the crime scene. >> his dna was found where she had fled after being struck in the head with the murder weapon. >> reporter: it took jurors only seven hours to convict him. >> a jury finds michael beard guilty of what the prosecution is calling a murder for hire scheme. >> reporter: if beard's case had been a slam-dunk for investigators, tom clayton's would be anything but. the prosecutor knew he couldn't use beard to testify against tom. >> even if he came forward and said, "i want to testify now," he had lied so many times. he had lied at his own trial. >> beard had changed his story so much at his own trial that he wouldn't have been a credible witness. >> reporter: tom and his lawyer pounced on that, telling reporters that beard acted on his own. >> this is purely mr. beard's doing, what we do know is that mr. clayton had nothing to do with the death of his wife. >> reporter: and tom's lawyer didn't stop at michael beard. he went after the investigators. he said they had tunnel vision when it came to his client. >> he said,