Market but bond market and this inversion of the yield curve. We can talk about what youre seeing, what people are telling you. The bottom line, if history is a judge this could mean recession is on the way. Reporter makes people so anxious, connell. Yields on two year treasurys rising above the yield on a 10year. First time since 2007. That date alone spook as lot of investors. The yield curve on shorter end, now as people call it inverted. The reason it makes so many people anxious, that means investors have less confident in the near term economy versus the long term economy. Normally if you loan money in this case to the government for a short period of time, you expect your principle plus a small payment, youre not loaning money for that long. If you lend money longer you expect a bigger pay back. That is the normal logic of the bond market. You get paid more for lending longer. When this pattern reverses like now, it signals a shift in the pattern, signals a problem for a lot of
Joe crowley will be here. A new bill is sparking concerns all anew about trade with china, whether well even see a deal anytime soon. Edward . Reporter the bill announced by senator rube rob in order to stop marco rubio stopping people from selling to companies on the entity list. That is a big, big issue for the china trade talks. Its a sticking point. The chinese would like to see huawei removed from the entity list all together. They wont budge in the trade talks unless that happens. Enormous pressure by the u. S. Intelligence agencies as well as here on capitol hill to keep huawei on that list. In addition to the bill being submitted here is senator Mitch Mcconnell in an exclusive interview on mornings with maria. Huawei represents a National Security risk and i dont think we ought to do anything to make it easier for them to operate and do business here in america. Or in europe for that matter. Were talking to them about it as well. Reporter trade teams will have a second phone co
Investors from across the globe to the u. S. Housing market. This promotes the availability of mortgage credit for the millions of households served by federal housing programs. Our guest today is certainly no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. Alayna mccarter was sworn in as the ginnie mae 18 president in december, 2021. Previously, she served as Senior Advisor for House Finance to hud secretary marcia fudge. Prior to joining the biden harris administration, she was Vice President of the Housing Finance policy center at the urban institute where she helped advance the National Policy conversation around reducing racial homeownership and wealth gaps in removing barriers to credit and capital. She also has held Important Roles in the private sector in court logic at jpmorgan chase. From 2000 22012, she worked at fannie mae, focusing on secondary Mortgage Market programs and policy while there, she played a Critical Role executin
Comcast supports cspan as a Public Service along with these other Television Providers, giving you a front row seats to democracy area. Now, ginnie mae on expanding homeownership opportunities. This is about 50 minutes. Veterans administration, the usda and home Loan Guarantee program, ginnie mae connects investors to the u. S. Housing market. This promotes the availability of mortgage credit to the millions of households served by federal housing programs. Our guest is no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. She was sworn in as the 18th president in december of 2021. Previously, she served as a Senior Advisor to the secretary. Prior to joining the administration, she was Vice President at the urban institute where she helped advance the National Policy conversation around reducing racial homeownership. She has held Important Roles in the ibis sector. From 2002 to 2012, she worked in focusing on secondary Mortgage Market grams an
Discussing homeownership, not health care the conversation with the president of ginnie mae. The Agency Offers government insured mortgages. That conversation just getting underway. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2023] ginnie mae helps connect investors from across the globe to the u. S. Housing market. This promotes the availability of mortgage credit for the millions of households served by federal housing programs. Our guest today is certainly no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. Alayna mccarter was sworn in as the ginnie mae 18 president in december, 2021. Previously, she served as Senior Advisor for House Finance to hud secretary marcia fudge. Prior to joining the biden harris administration, she was Vice President of the Housing Finance policy center at the urban in