Psychological five level last night before backing off. Investors closely watching the weekly close and what these moves mean for the yield curve. Mike santoli, cnbc markets commentator joins us. I did mention uninversion is happening for the wrong reasons. Exactly. Uninversion, in general, is not great. This time its happening because people are willing to sell the long end bonds. This time there is a little bit of a bid in the short end. You have had twoyear yields come down. All that being said, you know, the stock market is down a little less slightly than it was a few minutes ago. It was a very determined angle of descent down to 1 drop in the s p 500. It just seems like markets getting a little twisted up and risk averse in advance of the weekend. There actually is a little bit of a bid in treasuries. As soon as you get maximum afraid of 5 yields, we back off 5 yields. And its a matter of making our peace with it and why is it happening is part of the story. But just what the eff
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Mobile savings are calling. Visit xfinitymobile. Com to learn more. Doc . Morning everyone. Welcome to cnn. This morning it is sunday, may 12. Happy mothers day to all the moms out there, bonus moms and mother figures out there as well. Im amara walker and im Danny Freeman infer victor blackwell. Happy mothers day to you. Danny has good to be with you. Here, isnt working on for you today . New calls from the United Nations overnight for an immediate ceasefire in the israelhamas War Thousands of people in Southern Gaza are forced to flee their homes as the threat of potential major israeli assault on rafah looms large. We have lived team covered straight ahead, and President Trump traded the courtroom for the Campaign Trail. His comments about the criminal Hush Money Trial Playing Out in New York City plus our legal analyst breaks down what to expect when trumps former fixer, Michael Cohen takes the stand tomorrow and propalestinian protests on Us College Campuses collide with Commencem