Michele. This is one of the most difficult things to accept, that this market does not have to reflect what is going on in this economy. Can you speak to that . Bob i can speak to that because im in the bond market and it is reflecting perfectly what is going on. We just printed 33 gdp. There is a giant hole that we think will take 10 years to fill the output gap that has been created. The fed is telling us for a long period of time they will keep rates at zero because they have to bring the cost of funding down across the system so that any kind of recovery takes hold. Slowly, Bond Investors are recognizing that, and that has emboldened them to move further up the curve both in terms of duration and lower in credit quality. Jonathan we have had conversations about market distortions. The equity market, Big Tech Companies dominating the benchmarks in the u. S. What is the cleanest trade in fixed income to play an economy that would take 10 years to fully recover . Bob there are two cle
Georgina callander had been confirmed, that she passed away last night and then tarleton, another one down the road, so within four miles, two young girls have died. The moment a Suicide Bomber brought chaos and heartbreak to concert goers on a spring evening. This has been the most horrific incident we have ever faced this has been the most horrific incident we have everfaced in Greater Manchester and one we all hoped we would never see, families and many young people were out to enjoy a concert at Manchester Arena and have very sadly lost their lives. The bomber died at the scene. But police have made a second arrest on a day of rapid developments in the investigation. And well hear the stories of Community Spirit and kindness as the region pulls together to help those caught up in the attack. The region pulls together to help those caught the people of manchester have been here in their thousands. Holding a vigil in memory of the 22 people that were killed and the 59 who were injure
Hes understood to have been born in manchester to a family of libyan origin. Police and Security Services launched a wide ranging investigation, as the Prime Minister shared the outcome of the latest meeting of the cabinet Emergency Committee. It is now concluded, on the basis of todays investigations, that the threat level should be increased, for the time being, from severe to critical. Among the thousands of fans at the arena last night, there were many whod been looking forward to the concert for a long time. It had been building up for me, for like years. Since we got the tickets, it was so exciting. Its turned into like the most traumatic thing. Well be reporting on the remarkable strength of spirit among the people of manchester and how the community has responded. And well talk to people who attended tonights vigil in the heart of the city, where they heard a message of strength and solidarity. And in other news tonight the actor sir roger moore has died at the age of 89. He wa
Images have been released in the American Media tonight from the scene of the bombing. The uk government has expressed a strong disapproval. So far 14 of the victims have been named but police say they know the identities of eve ryo ne say they know the identities of everyone who was killed. And in Tonights Europa League final, a minutes silence was led by the players off mahan before going on to clinch the title. Of manchester united. Good evening and welcome to bbc news. Police have today confirmed they are investigating a network of people in connection with the bombing at a Music Concert On Monday Night which killed 22, including children, and injured nearly 60. As more details today urged about salman abedi, the Suicide Bomber who carried out the attack, and his links to libya, theres been renewed Police Activity in the city with more raids and arrests. And after last nights decision by the government to raise the uk threat level to critical, the highest rating, soldiers have been
Images have been released in the American Media tonight from the scene of the bombing. The uk government has expressed a strong disapproval. So far 14 of the victims have been named but police say they know the identities of eve ryo ne say they know the identities of everyone who was killed. And in Tonights Europa League final, a minutes silence was led by the players off mahan before going on to clinch the title. Of manchester united. Good evening and welcome to bbc news. Police have today confirmed they are investigating a network of people in connection with the bombing at a Music Concert On Monday Night which killed 22, including children, and injured nearly 60. As more details today urged about salman abedi, the Suicide Bomber who carried out the attack, and his links to libya, theres been renewed Police Activity in the city with more raids and arrests. And after last nights decision by the government to raise the uk threat level to critical, the highest rating, soldiers have been