Overnight was in the belly of the curve of the fiveyear as the fed committed to keep eyeing bonds. 10 year yield is also at the lowest in a week. You see that in the aussie markets with 10 year yields down , so belowbasis points the 1 threshold. Yen. S are bid up with the it breached that 107 mark. We are still around 10693. Hong kong dollar also breached that small and. End. Very strong side of 775 7. 75. Crude continuing the climb after the u. S. Stockpile data. Highest in nearly four years. Gold futures getting a boost from the fed. Bond yields staying low. That is helping to provide this rally. Has. Haslinda expectations of a long road to recovery. Ovishost average dub signal. Our Global Economic and policy editor Kathleen Hays is here with powerful words from jerome powell. How bad is the feds you of the economy to be so dovish . It certainly has reassured investors that the fed is going to stay for some time. I think when people saw the made jobs report of payroll at two and a ha
Were offering a tool but you aught to beware, and be a stewardship in this tool. We have worked with new guidances to try to lower the cost of a Development Program. So that the pipeline can be, you know, more robust. You know, on the issue of judicious use and stewardship and i hear the words that are set on that. But you know, you talk about using things outside their area of indication. We tend to think of the world in which we live. But im from texas and im just a little bit south of texas theres a dirent world where there is not a prescription requirement and you simply go to the pharmacy and say, i need this. And the pharmacist may direct them to a particular drug or may just simply come in with a recommendation from a Family Member and make that purchase. So it is an obviously harder to control that with the jurisdiction of the United States where it is happening right outside. Is that correct . Totally agree. Everybody is outside with modern air travel. And so we are getting so
Were offering a tool but you aught to beware, and be a stewardship in this tool. We have worked with new guidances to try to lower the cost of a Development Program. So that the pipeline can be, you know, more robust. You know, on the issue of judicious use and stewardship and i hear the words that are set on that. But you know, you talk about using things outside their area of indication. We tend to think of the world in which we live. But im from texas and im just a little bit south of texas theres a dirent world where there is not a prescription requirement and you simply go to the pharmacy and say, i need this. And the pharmacist may direct them to a particular drug or may just simply come in with a recommendation from a Family Member and make that purchase. So it is an obviously harder to control that with the jurisdiction of the United States where it is happening right outside. Is that correct . Totally agree. Everybody is outside with modern air travel. And so we are getting so
Seeing some very good numbers come out of those countries, and thats a good thing. Including china. Weve gotten some numbers, and they look pretty promising. Reporter why not get tested yourself after you interact with matt gates and doug collins i dont think we need to do it. I feel very good, but i guess its not a big deal to get tested, something i would do, but again i spoke to the white house doctor, a talented guy, and he sees no reason to do it. Wee prepared and doing a great job. It will go away, just stay calm. We want to protect our shipping industry, our cruise ships, we want to protect our airline industry, very important, but everybody has to be vigilant and be careful. But be calm. Its working out. A lot of good things will happen. The consumer is ready. Its so powerful in our country with what we have done with tax cuts, regulation cuts. The consumers has never been in a better position than they are right now. A lot of good things will happen. Thank you very much. All r
Infection per se, its modeling what past infection would have been given certain circumstances. If you look on the far left, on march 1st, the cdc was saying 23 cases. Thats a very small number. And they were all at this point, pretty much all, linked to travel. People who had been in wuhan. But in boston, seattle, according to this model, there were actually 2300 cases, in chicago 3300 and San Francisco 9300, and in new york 10,700. Again, i want to emphasize this is modeling. This is saying based on a whole bunch of data, this is what we think it would have been. But even if its a fraction of what these modelers think, and these are very respected modelers out of New York University and boston, even if its a fraction of what they think, it seems clear there were many more cases than the cdc was aware of. Other focus, of course reporter and this sorry. The other focus, of course, is on what treatments work and do not. Theres been a lot of focus on a drug the president himself has pitc