Fed meeting, we discussed her legacy and the incoming fed 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 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 . S
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 a time when they arbitrage narrows and maybe when bond yields increase. I dont see that now, unless im wrong on inflation. And i dont believe the Federal Reserve will get to the four tightenings they suggested, that will get the 10 year to 3. 6 . 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 the around the table in a 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 here is has the selloff in benchmarks just begun, or is this t
Gave Alexis Tsipras the victory he needed. Lawmakers approved a package of pension talks and tax hikes. Those had to be passed before greece could get a bailout that might deliver 94 billion in aid. Tsipras argued for the plan from the parliament floor. Mr. Tsipras during these past five months, we have fought hard. In view of this struggle, which had omissions. I take responsibility for this. I am not walking away. Vonnie the eurozone responded. Officials had agreed in principle to give greece a 7. 6 billion u. S. Dollar bridge loan until the bailout. President George H W Bush has been hospitalized in maine for a broken bone in his neck. Mr. Bush sell at his home. He is 91. A Spokesman Says he is fine and will be in a neck brace. Joe biden seeking support for the nuclear deal with iran. After meeting with democrats, he said i think we are going to be ok. Many democrats are skeptical. Most republicans are flat out opposed. So is israels Prime Minister appeared president obama addressed
Comments out of theboe. You can see how the safety trade is not playing out with dollaryen higher and a mild risk off move after the Missile Launch it now back onto the dollar story. Gold going nowhere. Jonathan potential terrorism in the u. K. , several people injured in an explosion on a subway train in london. Police said they were treating it as terrorism on a number of people were injured, suffering facial burns and some were hurt in a stampede, according to the press association. No word of the whereabouts of the perpetrator. Station inen subway london was cordoned off as police investigated and north korea is another manchild launch Missile Launch in japan after the United Nations approved harsher sanctions against the regime while Rex Tillerson says these continued provocations deep in the north korean diplomatic and economic isolation. Joined by our chief agent economics correspondents. Editor forcutive international government. Walk three details as they come through in londo
Ferro, alongside david westin. Joining us for the hour is megan greene, the chief economist. Coming up, we will break new highlights of that conversation vladimirian president putin and get to the commodity market as well. We want to get you up to speed on what is happening in Financial Markets worldwide. Byures are softer, negative 1 10 of 1 on the s p 500, down two points after a sixday winning streak on the benchmark in the United States, and in other record high close or tuesday. 25 ,ollar up more than and we are down to 2. 3 one on the 10 year, david. David lets get a look at what is happening outside the business world. Emma the girlfriend of the shooter in the Las Vegas Massacre has returned to the u. S. She arrived in los angeles last night and was met by federal agents. She had been in the philippines. Authorities have called her a person of interest. There are pictures showing the inside of stephen Paddocks Hotel room, rifles clearly visible. He meticulously planned the attac