Trump says he and janet yellen are doing well together. This is bloomberg. Im mark barton in london. Stocks marginally higher today, up by a 20th 1 . Overis up a smidgen dollar. Long andng to talk hard about barclays. Look at barclays shares. Down 5. 7 . Deutsche bank down 2 . Getting some details from the norwegian central bank. Rates will be kept unchanged today. Riskslance of economic unchanged since september. Unchanged at 0. 5 . Heres the news with sebastian. Donald trump says hes thinking about getting janet yellen another term as fed chair. Terrific and they are doing very well together. Familiar to people the matter, gary cohn is not open to the fed. Mindel holly faye was speaking asked lucidly to bloomberg. I have a meeting with two banks. They will come and apply for licenses to operate in saudi arabia. Were open. The u. S. House has in responseanctions to irans support for hezbollah. The two bills market first action against iran since President Trump refused to continue the
Strategist for the last two or three years. I think they have a right to be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. I think he is maybe too pessimistic about where bonds are. We will be in a 2. 4. To 2. 7 range you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. Well think it is going to happen externally fast. I dont think it is going to be are really distracted in that sense. Jonathan joining the around the , joerns Kathleen Gaffney wasmund and Jack Flaherty great to have you with us around the table. Lets talk about the backup in treasury yields. I can bring that up for the viewers right now. The moment of truth has arrived for the secular bond market bull market. Sand the 2. 4 line in the that bill gross has talked about, as well as janice anderson. How important is
I certainly think they have a right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very pessimistic about the probability we can get higher than that. It is just a question of pace and pass. How fast is that going to happen . We dont think it is going to happen extremely fast. The path is higher. I do not think it will be overly destructive in that sense. Jonathan joining the around the table is Kathleen Gaffney, Joern Wasmund, and Jack Flaherty. Great to have you with us around the table. Lets talk about the backup in treasury yields. Tweet the tweet
Be a bit cautious or unnerved at this point. It seems the bias for rates is upward. The bond market has been in a 30 year bull trend. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 range. We are in an environment where you will definitely see bond yields head back towards to 2. 6 or 2. 7 level. I am pessimistic about the probability we can get higher. It is just a question of pace and pass. How fast is that going to happen . We dont think it is going to happen externally fast. I dont think it is going to be are really distracted in that sense. Jonathan joining the around the table is Kathleen Gaffney, Joern Wasmund and Jack Flaherty. Great to have you with us around the table. Lets talk about the backup in treasury yields. The tweet from jeff gundlach, the moment of truth has arrived for the bull market. It is the 2. 4 line in the sand that bill gross has talked about, as w
I certainly think they have a right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very pessimistic about the probability we can get higher than that. It is just a question of pace and path. How fast is that going to happen . We dont think it is going to happen extremely fast. The path is higher. I do not think it will be overly destructive in that sense. Jonathan joining the around the table is Kathleen Gaffney, Joern Wasmund, and Jack Flaherty. Great to have you with us around the table. Lets talk about the backup in treasury yields. The tweet from