IFR Asia: Is this extraordinary rally that we’ve seen in the credit markets since March and which has brought back the bid for standalone primary issuance in Asia, which would have been unthinkable a year ago, sustainable? Sean Henderson: I think in terms of the credit market rally it was very difficult to price risk at around that time of the Lehman bankruptcy and it appeared binary as to whether issuers would survive or fail. But I think there essentially had to be a recovery from that once yo