 that fig security Simon Michelle who joins us for a look at the bond markets because Simon has been pretty interesting for bond markets over the past week with all these comments coming from the Fed Stanley Fisher speaking yet again overnight that's right and good afternoon and he's basically pulled back a little bit on his rather bullish comments that led the market to react a little over excitedly on the back of and he said what we all know and that is that the path in interest rates in the US is down to the strength of the US economy surprise surprise so um look i think uh you know that excitement we had at the beginning of the week on the back of Janet Yellen's speech uh has sort of pulled back and we've seen yields pull back uh as well it does seem like they are trying to get a message across though i mean maybe a little slap on the rest for for going a little too far originally but but certainly they are trying to get a message across of of higher rates right that's right they're certainly preparing the market for that and uh you know they want the market to be aware that they could go um obviously they've had september uh mentioned there that's not looking very likely i think more likely it is a december but unfortunately the data when it comes out just is not matching that uh that commentary really and you know inflation very soft growth very soft that's offset by employment the job market looking good and consumer uh demand of the US looking pretty good too so yeah we're walking a bit of a double-edged sword at the moment couple of issuances to look at coca-cola taking advantage of some low rates in in europe absolutely we keep talking about negative yields in europe well it's a it's a wonderful place to issue at the moment and coca-cola got a 20-year issue away at a rate of 1.12 percent so very cheap funding for a long period of time we've seen pepsicoe issue there as well uh and domestically i'll just mention as well we had a asex listed ozzy company here cube uh looking to issue as well a seven year looks like that's been well over subscribed so some some good options here for domestic investors as well interesting all right so michelle appreciate that thank you thanks ingrid so michelle there from figure securities with the latest on the