The Importance of Debt Selling

All the kind of professionals in smart money are talking about, okay, so debt selling aside. What happens then? Deal with all the issuance that's going to flood the market and what happens to liquidity issues around all this debt selling. People will take less interest to buy a corporate bond because they have more confidence in the corporation paying back on time than they do on sovereigns. You look at LQD certain high corporate credits. They have a lower yield than treasuries, depending on the time coupon.