Are You Seeing a Pullback in Credit Spreads?

Kelsias: Corporate fundamentals are really strong, and companies have done a number of things to set them up for an environment where we're not particularly concerned about credit losses. Less than six % of the market is maturing in 20 22 or 20 23. Now i think that there is going to be volatility. And what were fo on this summer is is increasing the liquidity of our portfolios. Because the one thing that chair powell didn't talk about in the press conference was c t. But c t is happening. We're seeing massive moves...We want to have the liquidity to sell it when it's expensive rather than need to buy it when when there's a challenge.