Take a look at the splash, there is positioning that is starting to take place in anticipation of what could be, maybe a fed Interest Rate increase. Hedging their bets tachlt a look at this one. The two year note yield for u. S. Treasuries, already over the korts of the past week, moving higher. It was near 80 basis points about a week ago. Now its up towards 90. Again, look in the grand scheme of the year to date period, eliminatively on a low basis here. One place where that battle, that hedging is starting to take place. That positioning. Also look at this. The dollar a big part of that story as well. Gold also playing into that. Again, 1275 a week ago her ounce. Now were around 1250. A 2 loss over the course of the past year. Gold has been a hot trade. Its still up. Up marketedly. So but some of the bets being paired back in anticipation of what could be a fed Interest Rate increase. Then one more place well look, one manufacture places well look, again, regional banks. Weve seen t
Succeed. And counting down to cnbcs republican president ial debate. It is live tonight from colorado. Well tell you where the candidates stand on fixing things like Social Security and medicare, plus what some Small Businesses would love to hear from the candidates arrayed out there in boulder. Meantime, lets aez go down and check in with my friend, kayla at the nyse. Kayla. Hey, ty. The countdown to the latest fed decision is on in earnest. We will get that decision from policy makers in less than one hours time. Steve leaseman is life at the Federal Reserve and says the fed has some new data to think about today. Steve, is it all about gearing up towards december now . Yeah, it is. Thats what all of the discussion is about. Before we talk about the fed i want to talk about new data. We got some advanced trade data this morning. The deficit was better than expected. Why is that important . Because deficits a big part of why we go up and down in gdp. The Third Quarter gdp taking a mea