An historic monday for the bond market. Joining us today is Jonathan Ferro working from the Early Morning hours. Manus cranny will be with us. Manus good morning. You see it on television and hear it on radio, 5. 01 of the 10 year yield. His street this morning. As history made this morning. The first lisa first time you seen it lisa the first time you have seen treasuries go above 5 . On we have a lot of good thoughts tom we have a lot of good thoughts on that. A sharp note in the Financial Times. Hobbit l arian looking Mohamed Elerian looking at it saying it is global. Manus there is the overall momentum. With our saying why are Asset Managers and insurers not stepping in your they simply dont have the complexity. They are not forced into it and so the appetite is not there. You have some of the hedges. Tom should we ask him banking questions so he feels comfortable . Lets take your experience with ubs. How scared would you suggest the big banks are with the price down, yield up unra
Learned this morning that aden tans to todays program will keep the doctor away. We have two panels to look at how we got do this. 6 years and counting on permitting building a pipeline. Three years ago almost to the day, we had a debate on if the proposed Keystone Pipeline if its in the national interest. The state department was then looking at the natural interest question. And how the Keystone Pipeline created strange bed fellows there. Paul on my far left works here in washington where he covers International Affairs and security issues. Paul will talk about how the pipeline fits into khan khan Foreign Policy and why it is important to Prime Minister harper. Each of our guests will speak for about five to seven minutes. And just for some clarification today, this is not about whether or not the pipeline should be built. Were trying to analyze its history and what it means for regulatory processes here in washington and the United States. Thanks so much. To start off, i dont know i
Alaska Sen. Dan Sullivan on Saturday shared a draft summary of his American Energy & Jobs Plan Act with the Ketchikan Daily News during his two-day visit to Ketchikan.
The summary lists 18 outcomes that the policy will aim to achieve, all of them longstanding Republican policy goals.
He said the planned bill is meant to be a âcounterproposalâ to the parts of President Joe Biden s $2.2 trillion American Jobs Plan pertaining to climate change.
The two-page summary of Sullivanâs proposal does not indicate how much it would cost to implement the proposals listed or whether additional revenue would be needed to pay for it.