Mr. LONCKI: She wanted to do something good, and she told me when she picked the Air Force, I said, what are you going to do there?

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And what, are there going to be congratulations, do you think, when U.S. officials sit down with their Chinese counterparts?

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What we will do however, is point out that if you are going to be in bonds, there is a strong argument that high yield is still the place to be.

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