For 15 years. The Labour Party is holding its first annual conference since its landslide general Election Win in liverpool. Despite delegates celebrating the partys electoral success, ministers will be urging Party Members to prepare for more tough decisions in next months budget. It come after Downing Street said that the prime minster, his deputy and the chancellor will no longer accept any donations for clothing following Growing Criticism over gifts from party donors. Our political correspondent Iain Watson has this report. Labour returns to liverpool for its annual conference, but with one big difference. Last year they were in opposition, and now they are in government after a landslide Election Win. Delegates will want to celebrate but they will hear sobering messages from ministers. They will be told the foundations of the economy needs to be fixed, and that means more difficult decisions lie ahead. And if that hasnt made the bubbly go flat, what about this from labour togethe
Health to the amateurs. Choose doctors preferred Erin Burnett Outfront weeknights at seven on cnn here in the Cnn Newsroom. Im Jessica Dean in New York. It is a big week ahead for the future of the country the first time americans will see Vice President Kamala Harris facing off against former President Donald Trump during Tuesday Nights president ial debate in philadelphia unlike the last three debates, president Biden Wont be there instead, heat the White House says hes going to we watched the debate from home, like the rest of america. The president now facing his last few months in office hoping to accomplish a slew of policy priorities including Gun Safety Legislation just lesion. This week, congress returning to Capitol Hill on the heels of yet another deadly school shooting. This one in georgia, where 14yearold Student gunned down and killed two of his classmates and two Teachers President biden, releasing a statement calling on congress to get to Work And Ban Assault Weapons on
To work around the supreme Court Ruling on president ial immunity. Will it work . Legal expert on deck . And Vice President Kamala Harris decides to sit for interview, will she be asked about her Flip Flops like the Border Wall or Eshg V mandates . History made at the u. S. Open. Veteran Underdog Clenching Upset Win in recordsetting five and a half hour match. [cheering] todd well bring highlights. You are watching fox and friends first, im todd piro. Carley shimkus has the day off. Jampacked 5 00 a. M. Hour on tap starting with the election. Trump campaign ripping Vice President harris for her sudden Flip Flop on the Border Wall as Harris And Walz head to Georgia And Trump and vance hit the rust belt. Lucas tomlinson has more. Lucas a lot of accusations of Flip Flopping like a tennis match, Add Border to the list. The campaign says Kamala Harris backs this bill, including funding for a Border Wall. Axios says harris Flip Flops on building Border Wall. Kamala harris pledges to spend hu
Out. Alix yields on the 30 year in the u. S. Down 19 basis points. Lets get some more layered a, Julia Coronado joins us now. We have been trying to answer this question, what is driving the dramatic decline and move into safe havens . Onryone has been blaming it jay powells gdp forecast for 2022. Do you buy that . Is notthe feds forecast at all out of step with the consensus in bloomberg, bluechip, all of the congressional budget office, so i dont think that is new to the market that it will be a gradual recovery, and i thought that powells message was steadfast in terms of the feds commitment to participating in the recovery. I dont think this can be blamed on the fed. Into complacency with the virus. States that are opening up are starting to see escalating cases even controlled for increased testing. This is still a problem that we need to grapple with, is coming back to the forefront. We were always going somet a risk aversion and point the market would have a ritz look at what is
Than a fewp more percentage points. When you look at the s p 500, we are not close to oversold conditions. We are not elevated but when you look on an aggregate basis, we are below that line where people start to get worried about a potential for things being too overenthusiastic. The major indexes have recovered, the s p gaining 1. 7 . Last week, it had declined. Were back on the slow glide higher. What are you watching . Asked fed next wednesday and i am thinking about bonds, 10 year yields in particular. The 10 year yield the last four weeks it has closed down three out of those higher three out of those four weeks. Bonds are sliding into the fed, perhaps making the case that the rate cut is priced in. This is a longterm chart. You see the great bond bull market. There is two different trend channels, the 10 year yield bouncing off of the higher when. , ithe tenure you hold 2 suggests that any rate cut or future rate cut may be priced into some degree as this happened in the past wi