Over. 1 treasury yields, this morning were taking a look and youll see that its trading at 1. 5 . 1. 543 to be precise the two year a little higher than that in terms of the yield. 1. 518 this is no way to run a business, obviously. Im talking about torte reform and things like that when one judge can say yeah, 17 billion he didnt. No, he didnt but he could have thats what we deal with in todays with trial lawyers. Now to get to a developing story this morning, i got my editorializing out even before. Started at least. Thats what the story was Major Court Ruling this is just one state too this is oklahoma we know about the Opioid Crisis. It was against Johnson Johnson. The judges ordered them to pay 572 million for country bouting to the opioid economic in oklahoma under the public nuisance law theres 50 states by the way. Theres also municipalities. Think about it. It says j and j and its unit repeatedly down played the risk of addiction doctors were targeted as key customers. It cove
Of recession and uncertainty surrounding trade sparking a , rush into safety. That leads to a u. S. Yield curve that inverted wednesday. As i recall, the First Time Since 2007. The recession is avoidable. Even when you see the yield curve in the invert. That does not necessarily mean we are going over a cliff into recession. It happens to be about 18 months earlier than you see recession. And this is about traditional signals of the yield curve. Talking about the curve in version. Inversion. 2 10 inversion. Recession goes right up. Markets always shortterm have a wall of worry to climb. The market is an extreme way, seeking safe haven. A safe haven. Looking for safety. Treasury bonds is where you go. Tom terrific conversation through the week across all of bloomberg media. We want to advance this now and into the weekend with peter tchir. Thrilled that peter could join us on the mechanisms we saw this week within fixed income. We are thrilled kathy jones is with us with charles schwab.
We start with a big issue, fears of recession and uncertainty surrounding trade, sparking a rush into safety. That leads to a u. S. Yield curve that inverted wednesday. As i recall, the First Time Since 2007. The recession is avoidable. Even when you see the yield curve invert. That does not necessarily mean we are going over a cliff into recession. It happens to be about 18 months earlier than you see recession. And this is about traditional signals of the yield curve. Talking about the curve in version. Inversion. 2 10 inversion. Recession goes right up. Markets always shortterm have a wall of worry to climb. The market is an extreme way, seeking safe haven. A safe haven. Looking for safety. Treasury bonds is where you go. Tom terrific conversation through the week across all of bloomberg media. We want to advance this now and into the weekend with peter tchir of academy security. Thrilled that peter could join us on the mechanisms we saw this week within fixed income. We are thrille
Issue, fears a big of recession and uncertainty surrounding trade sparking a rush into safety. That leads to a u. S. Yield curve that inverted wednesday. As i recall, the First Time Since 2007. The recession is avoidable. That does not necessarily mean we are going over a cliff into recession. It tends to be about 18 months earlier than you see recession. And this is about traditional signals of the yield curve. Inversion. 2 10 inversion. Markets always shortterm. Is an extreme way, seeking safe haven. Looking for safety. Treasury bonds is where you go. Tom terrific conversation through the week to run all the bloomberg media. We want to advance this now and into the weekend with peter tchir. Thrill that you could join us on the mechanisms we saw this week within fixed income. We are thrilled kathy jones is with us with charles schwab. Really interested in a desperation of savers and those looking to clip a coupon. From boston, Margaret Patel from wells fargo, with decades of experienc
Surrounding trade sparking a rush into safety. That leads to a u. S. Yield curve that inverted wednesday. As i recall, the First Time Since 2007. The recession is avoidable. That does not necessarily mean we are going over a cliff into recession. It tends to be about 18 months earlier than you see recession. And this is about traditional signals of the yield curve. Inversion. 2 10 inversion. Markets always shortterm. The market is an extreme way, seeking safe haven. Looking for safety. Treasury bonds is where you go. Tom terrific conversation through the week to run all the bloomberg media. We want to advance this now and into the weekend with peter tchir. Thrilled that you could join us on the mechanisms we saw this week within fixed income. We are thrilled kathy jones is with us with charles schwab. Really interested in a desperation of savers and those looking to clip a coupon. From boston, Margaret Patel from wells fargo, with decades of experience in highyield and fixed income spa