The fed is putting rates up. Last time i checked they are still doing so. I think what has caused people to stop and take note is the speed with which it flattened. You have lots of Central Banks around the world, even if the u. S. Is going back. The bank of japan expanding a program. Ecb is very involved. You are not seeing Global Central Bank purchasing winding down. Theetween 50 and 0 is flashing sign. Things are starting to get a lot more challenging. Above 50 you can kind of explain it away. Equities are doing well, credits are doing well. The economy in general in the u. S. And globally is doing well, i think they will be some willingness to look past the flatness of the curve. Jonathan joining the is lisa , andowicz, rob waldner joining us in a moment is alan higgins from london. I want to begin with lisa. Look at the chart we have been talking about from some weeks. Pick your place on the curve. 60 basis points. How much signal is in that . Lisa a lot of people will say this ti
Last time i checked they are still doing so. I think what has caused people to stop and take note is the speed with which it flattened. You have lots of Central Banks around the world, even if the u. S. Is going back. The bank of japan expanding a program. Ecb is very involved. You are not seeing Global Central Bank purchasing winding down. Between 50 and 0 is the flashing sign. Things are starting to get a lot more challenging. Above 50 you can kind of explain it away. Equities are doing well, credits are doing well. The economy in general in the u. S. And globally is doing well, i think they will be some willingness to look past the flatness of the curve. Jonathan joining us is Lisa Abramowicz, rob waldner, and joining us in a moment is alan higgins from london. I want to begin with lisa. Look at the chart we have been talking about from some weeks. Pick your place on the curve. 60 basis points. How much signal is in that . Lisa a lot of people will say this time is different. This d
The yield curve almost always flattens when the fed is putting rates up. Last time i checked they are still doing so. I think what has caused people to stop and take note is the speed and the immense with which it has flattened recently. Mencee immense vehe with which it flattened. You have lots of Central Banks around the world, even if the u. S. Is going back. The bank of japan expanding a program. Ecb is very involved. You are not seeing Global Central Bank purchasing winding down. Between 50 and 0 is the flashing sign. Things are starting to get a lot more challenging. Above 50 you can kind of explain it away. Well,equities are doing credit spreads are doing well, the economy in general in the u. S. And globally is doing well, i think there will be some willingness to look past the flatness of the curve. Jonathan joining us is Lisa Abramowicz, rob waldner, and joining us alan higgins from , london. I want to begin with lisa. Go to the chart we have been talking about for when i fee
Last time i checked they are still doing so. I think what has caused people to stop and take note is the speed and the vehemence with which it has flattened recently. You still have lots of Central Bank Liquidity around the world, even if the u. S. Is pulling back. The bank of japan expanding their program. Ecb is very involved. You are not seeing Global Central Bank purchasing winding down. You can easily say that between 50 and 0 is the flashing sign. Things are starting to get a lot more challenging. Above 50, you can always kind of explain it away. If equities are doing well, credit spreads are doing well, the economy in general in the u. S. And globally is doing well, i think there will be some willingness to look past the flatness of the curve. Jonathan joining me in new york city to discuss is Bloomberg News and bloomberg radios Lisa Abramowicz. Coming to us from atlanta is rob waldner, chief strategist and head of multisector at investco fixed income. And joining us, alan higgi
This is the song. If theyre going to pick a song, im glad its mariah ca y carey. My wife would agree welcome in to Worldwide Exchange. Good morning, everyone. Its throwback thursday, were taking you back with some holiday classics, like Mariah Careys all i want for christmas is you. A quick check on futures we are seeing at least a bit of market stability for now if you look at futures picture, the s p indicated to open up by two points dow jones up by 2. 5, the nasdaq off by 5 or 6. Weve seen a run up over the last couple of days on the hopes of tax legislation passing through Congress Everything going on there. A big deal for the markets for this morning, a bit of a pause after that bullish action. Well see what happens. On that note, lets look at our top story. Tax reform and Congress Giving final approval for a 1 1. 5 trillion tax cut tracie potts is live in washington with the latest good morning reporter good morning, everyone it looks like that may be shortlived, the victory lap