This fund in times of turbulence. We saw them withdrawing as markets calmed. Traders tell me this is usually a cash parking vehicle. Sarah i have been keeping an rates, or theven spread between nomination yields and those on similar maturity. Really all month long, we have seen them moving lower. 10year and 30 year, we have seen them fall the most this month than any other month this year. I spoke with the head of u. S. Ate strategy over a ups ubs. He said they are following along with the story and equities and oil, also saying it is setting a similar message as to the inverted yield curve. Lisa thank you so much. Andl with us, dances of the dan suzuki and luke kawa. I want to pick up on a notable theme. I wonder what your take is, that even though the Federal Reserve is expected to cut rates by 23 more times this year, it seems to be ineffective in getting the yield curve to steepen. What is the message . Dan i think the messages that things are slowing down. Theres a lot being made
Report said. Kennedy you heard it case closed, right . No. Because as testimony went on and oon on wheels began to fall off the wagon. You said you chose your words carefully, are you contradicting your report right now. Not when i read it. You change your answer to yes. No, if you look at the language im reading your report yes or no. With regard to steele, that is beyond my purview. That is your purview. If russians were lying to steele, that would seem to be our purview. Why did president of United States want you fired . I cant answer that question. He is doing is not obstructing justice, sh he is pursuing justice the fact that you ran it up two years means you per pi perpetuated injustic. Kennedy slowdown, louie had. This afternoon, President Trump gave a sudden nuance appraisal of muellers performance. I think Robert Mueller did a horrible job. Both today and with respect to the investigation. But in all fairness to Robert Mueller, he had nothing to work with. Kennedy no tools. H
Kennedy you heard it case closed, right . No. Because as testimony went on and oon on wheels began to fall off the wagon. You said you chose your words carefully, are you contradicting your report right now. Not when i read it. You change your answer to yes. No, if you look at the language im reading your report yes or no. With regard to steele, that is beyond my purview. That is your purview. If russians were lying to steele, that would seem to be our purview. Why did president of United States want you fired . I cant answer that question. He is doing is not obstructing justice, sh he is pursuing justice the fact that you ran it up two years means you per pi perpetuated injustic. Kennedy slowdown, louie had. This afternoon, President Trump gave a sudden nuance appraisal of muellers performance. I think Robert Mueller did a horrible job. Both today and with respect to the investigation. But in all fairness to Robert Mueller, he had nothing to work with. Kennedy no tools. He slapped dem
scarlet: it is worth noting as well that volume has been picking up as well. 33% higher than the 20 day average for the dow and s&p. we have investors in china ready to take off for the lunar new year holiday golden week. we have earnings coming in. intel reporting results. half billiona dollars. analysts were looking for 72.2 billion. enough to to be good lift the stock in after-hours trade. joe: the market liking this one. scarlet: let s check in with our reporters who have been monitoring different stories. abigail, what are you keeping your eye on? abigail: the dow transports. this area of the market is sensitive to the virus scare bad,dering that if it got it could clamp down on transportation. we have transports down 1.2%. something i would like to point out, earlier today on the selloff this morning, the dow transports down more than 12%. the day. 1% up on investors looking past. a lot of it has to do with airlines in the u.s. those stocks are higher, having nothing to
A route. In other news, Orlando Hernandez is calling on the countrys leaders to help ring piece to the divided nation following his election. Several demonstrators have reportedly been killed in clashes with police. South African Media reports that olympian is repealing his prison sentence for the february 2013 murder of his girlfriend. Last month, the court more than doubled calling the initial sixyear term shockingly lenient. Now the earliest it doubleamputee runner will be is 2023. For parole global news 24 hours a day powered by more than 27 hard twice of hundred journalists and analysts in more than 120 countries. This is bloomberg. Julia live, i am julia chat we are 30 minutes from the close of trading in the u. S. Stocks are lower. The european tax overhaul. Joe the question is what did you miss . Texture pope republicans a tax overhaul that would be temporary benefit for individuals and would be good for companies. Strategy,t in jeffries breaks in more revenue than ever before.