They are maintaining well above it. 30 years were at 69 basis points last week. 137. Hey are at we are seeing some recovery perhaps in the treasury market, and that is good news. Alix but a lot of criticism has been the fact they didnt address the commercial papers market, exactly where the help is needed the most. What are the steps they can take to address that . Michael they could set up a special Lending Facility to buy directly. That may be coming. Jay powell was asked if there ree actions th coming, and he said we are not ready to announce that. Are there no swap lines for the pboc . Theres a story floating around that once the feds its arthur dollars why have got swap lines with all the Central Banks, but not the chinese . Michael i would suspect probably because the chinese yuan is pegged to the u. S. Dollar. Dont know how much of a dollar problem they have. Theres always a rumor that the chinese are going to sell treasuries that never really comes true. Where we do see problem
The state department advising u. S. Citizens not to travel internationally and return home. They raised the advisory level to four. Huwan which was ground zero reported its first day without a new case we have full Team Coverage for you here bob is tracking another wild session for stocks rick, is watching the bond market for us. Kayla has the very latest on the action this d. C. We start with you bob. An important thing here today is even though 50 point swing in the s p 500 would have been insane a month ago, its kind of normal now its lower volatility than what we have been seeing recently i think thats the key point about whats been happening. If you look at the leadership, its also different. For once were seeing, for example, bank stocks doing Better Energy stocks doing Better Technology doing a little bit better what has been the leadership or what has been going down has been held care, for example, Consumer Staples and they are lagging today. There is a an attempt to buy the m
Manufacturing actually picked up, but only two manufacturers say that sales dropped because of the coronavirus. One retailer said that inventory was hurt because of production issues in china. You look to the San Francisco fed district where the virus is largely been rampant in this country in seattle. I should say the hardesthit area in this country. Theyre dealing with a drop in airline travel. A drop in demand for aircraft from Southeast Asia and difficulty getting parts for solar manufacturers. So not a lot of pain in that district either. Ii want to stress that overall Manufacturing Activity continued to expand across the country and Consumer Spending which has been the lynchpin of this economy actually picked up last month. Now lastly i just want to note that one other concern of companies aside from the coronavirus is actually the president ial election. Now the Federal Reserve will use the information in two weeks when they formally meet for a policy meeting and determine wheth
Since 2012 ayatollah ali how many dismiss President Trump as a clown who wants to push a poison dagger into iran is back also coming out the german city of magic bird prepares to commemorate its devastation during world war 2 but fears grow that far right groups will exploit the out of those 3. Im jarid raid welcome to the program tensions are simmering in libya where opponents to the countrys internationally recognized government have blockaded a number of Oil Production facilities in protest this is threatening the countrys main source of revenue friday saw demonstrations by supporters of the true rival administrations it comes ahead of a Major International summit due to be held here in germany and stop. Libyas fighting. Demonstrate is in a divided libya in the east of the country and benghazi protesters loyal to general. Voiced their frustrations on friday. Chanting no just to rush and no to revolutionaries the protesters accuse the u. N. Back to administration in tripoli of using
Friday press for the 1st time since 2012 Ayatollah Ali Khamenei dismissed President Trump as a clown wants to push the top toys and dagger into irans back also on the program. Blaming the teachers the report on how to educators in hong kong are increasingly being called to account for the student activism. Im told me a lot of ball welcome to the program tensions are simmering in libya where opponents to the countrys internationally recognized government have located a number of Oil Production facilities in protest threatening the countrys main source of revenue friday saw demonstrations by supporters of the 2 rival administrations and this comes just days before a Major International summit is due to be held here in germany. Aimed at stopping libyas fighting. Demonstrators in a divided libya in the east of the country and benghazi protesters loyal to general. Voiced their frustrations on friday. Chanting no just to rush and no to revolutionaries the protesters accuse the u. N. Back to