video transcript

It would make a lot of sense for the captain used to be on site quite tight. You know hundred basis points 150. I think you start going 200 or higher. Yet you may -- be saying the market is working we're just. We're you know we're bending it to our will but it makes sense for Italy to be trading -- about France and Germany and so forth that outing that's a message that -- sat. At. The ten year and that even 500 to 550 basis points would be good enough this exercise need not be about bringing -- Dow. This exercise should be about providing a safety net so that private investors that once again few confident playing the market themselves. They will be looking -- techie can market psychology. At com and that's floor at keeping up to the level of Spanish youth Panetta seventy cents -- At -- big -- on the -- to the decision and that web NGOs. It was Spanish youths. And decide in the spread of code to be -- because as Spanish ten year us you know got 7% level. If you leave that Heidi is spread then you don't have rates in Germany was probably needs higher rates rising as more so -- the S who. I would guess is to create a convergence. Where that's a tie and you'll still fall by. 300 basis points only full but -- 15200. By the other bit of the work is being -- -- German yields rising. If it -- to look -- something a lot to deal woods. Includes use that is as the as the benchmark -- site. I suspect he might win for instance. It -- sun sets Heidi. Not you talking it. Or -- talking on on the spying. The Germany then I think we're probably looking acts somewhere around -- too personal song sort of mock.