Celebrate the making of an iconic product right here in the usa. We are live in the Lone Star State with the previous view. Break through overseas. Vice president mike pence, sorry, secretary of state mike pompeo reaching an agreement with the turkish president. Plus heading for the exit. Uk and eu leaders know this cant possibly be right. Reaching a deal on brexit . Still facing uphill battle in parliament. The latest on the state of play. Connell not quite there yet. It seemed to help markets with fox team coverage. Gerri willis from the floor of the new york stock exchange. Blake burman at the white house. Bryan llenas joins us on the ground in texas where the president will be an hour from now. Hillary vaughn on facebook beat at georgetown university. Blake, we start with you. Reporter connell, part of the headlines involved president mike pence, who says according to him there were five hours of negotiations in ankara, turkey, earlier today between himself and turkish president er
Its the bond market where we getting all the interest. Weve seen upon rally tech place, a quick look at whats going on. The bond rally has been pleading out of lake. Still were seeing a move upward and indonesias 10 year yield ahead of that third decision, looking for yields. There you go. The 10 year yield, a bit of a selloff in the bond market. Yesterday there was a zero coupon bond offer in germany. Eurosing like 2 billion worth of that, only one third of the allocated bonds. Thats a look at whats going on at whats going on it bond markets. Lets look at the first word news with su keenan. Budgettart with the u. S. Deficit, its going faster than expected and the Congressional Budget Office at President Trumps trade war is a drag on the u. S. Economy. Up from an estimated 960 billion in the year ending september 30. In january the Budget Office forecasted deficit of 980 billion next year and did not seek topping 1 trillion since 2022. China is threatening retaliation against u. S. Com
Chair jay powell. We start with the big issue, dalios warning resonating from davos to new york. Take a listen. Ray a 1 rise in bond yields will produce the largest bear market in bonds that weve seen since the 19801981 period. Has that bear market started . Are we in it . Ray i think were in it. There will be a time the bank of japan and ecb begin tightening. That will be the time when bond yields increase. I dont see that now, unless im wrong on inflation. I dont believe the Federal Reserve will get the 10 year to 3. 60 . I dont think the bear market is starting. Since 1990 we had many, many predictions of a bear market in bonds, but it has not happened. Lisa joining me in new york is Subadra Rajappa, and Rachel Golder, and coming to us from london is Luke Hickmore. Alright, so i want to start with you, subadra. The big question is, has the selloff in benchmarks just begun, for is this the extent of it and will people pile back in . Subadra thats a good question. I think that there i
We have to face our social and environmental challenges. The lives are being saved for very small amounts of money. The last thing the world needs is a currency war. Haslinda it is all straight ahead on bloomberg best. Haslinda hello, i am Haslinda Amin. From the Worlds Economic Forum in davos, switzerland, welcome to a special edition of bloomberg best. We have met with the most influential people in the world, discussing what they think are the most important topics and the most urgent challenges facing business and society. We have also been keeping our eye on the stories shaping business around the world. Starting monday when legislators agreed to reopen the u. S. Government. Senators, duly chosen and sworn, having voted in the affirmative, the motion is agreed to. Reporter the senate moving to end of the u. S. Government shutdown after three days with a temporary spending bill funding the government through february 8. Yousef President Trump has signed a bill to end the government
We start with the big issue, dalios warning resonating from davos to new york. Take a listen. Ray a 1 rise in bond yields will produce the largest bear market in bonds that weve seen since the 19801981 period. Has that bear market started . Are we in it . Ray i think were in it. There will be a time the bank of japan and ecb begin tightening. That will be the time when bond yields increase. I dont see that now, unless im wrong on inflation. I dont believe the Federal Reserve will get the 10 year to 3. 60 . I dont think the bear market is starting. Since 1990 we had many, many predictions of a bear market in bonds, but it has not happened. Lisa joining me in new york is Subadra Rajappa, and Rachel Golder, and coming to us from london is Luke Hickmore. Alright, so i want to start with you, subadra. The big question is, has the selloff in benchmarks just begun, for is this the extent of it and will people pile back in . Subadra thats a good question. I think that there is still more room