Do Companies Have to Start Borrowing Again?

The yields are high relative to one year ago, but let's not forget that one year ago was the absolute rock bottom for borrowing costs. And so even if borrowing costs have moved up, y call it a hundred, a hundred and 50 basis points in investment grade from a long term perspective, that is still a very low level of borrowing cost. We probably have another 12 to 24 months before there's really a lot of urgency, especially for the higher rated parts of the high yield markett,. The double be issuers, winnie. This presents a real issue for the fed. But we were talking about this e consumer side with with michel myer of master card.