It has been a messy and windy night. That is right. Some snow was falling in central and western massachusetts. Several spin out reported in the sturbridge area and for the rest of us, it was a good dosage of some heavy rain. Danielle niles is here this morning. It sounds like the worst of the rain is gone. It is. We have lingering showers and a couple of downpours left but the bulk of the heaviest rain is gone. There are areas of rain north of boston right now. Lets move in and i will give you a look at what is going on. Showers left over from manchester. There are downpours either side of route 6 but there does it is heavy rain, and back up lighter shower activity but it is pressing inside, close to 128. Backup, 93, row 3, from burlington up through and over and you will lead the windshield wipers. The roads i went so take your time and use caution. Otherwise, the wind, gusting over 30 Miles Per Hour at the coastline, 50 overnight. In parts of southeastern massachusetts. For the most
It has been a messy and windy night. That is right. Some snow was falling in central and western massachusetts. Several spin out reported in the sturbridge area and for the rest of us, it was a good dosage of some heavy rain. Danielle niles is here this morning. It sounds like the worst of the rain is gone. It is. We have lingering showers and a couple of downpours left but the bulk of the heaviest rain is gone. There are areas of rain north of boston right now. Lets move in and i will give you a look at what is going on. Showers left over from manchester. There are downpours either side of route 6 but there does it is heavy rain, and back up lighter shower activity but it is pressing inside, close to 128. Backup, 93, row 3, from burlington up through and over and you will lead the windshield wipers. The roads i went so take your time and use caution. Otherwise, the wind, gusting over 30 Miles Per Hour at the coastline, 50 overnight. In parts of southeastern massachusetts. For the most
Were decoupling 2. 27 . 30year at 3 . Fiveyear at 2. 6. And i go through all of those to highlight the yield is steepening and continues to do so. Global yields, this is getting interesting. Italian tenyear, 2. 21 . Its moved 18 basis points in a day. You see the biggest weekly rise, oneweek rise for the italian, german and french tenyear yield, we have seen it happen the highest in years. How long . 30 years. But all the strategists said probably five years four or five years ago we were wait iin. Here we are. What was happening the entire time that rates were not going up . We were sub2 . We were stuck in the muck, basically. The greatest thing, i mean, to see the stock market hitting new highs while rates are surging, if youre at zero on rates and sooner or later you have to normalize, if rising rates are going to move into financial assets, you have a problem with stocks going down. Unless you decouple. Rates are going up for good reason, then the stocks go up at the same time. You
Christmas will cost a little more this year. Early today starts right now. Good being with you this morning. Im frances rivera. Parts of the country are waking up with all hell having broken loose, as some put it. Severe wildfires charred parts of the southeast in places like florida, north carolina, georgia, and tennessee, and tornadoes ripped through alabama and mississippi, ravaging towns there. We begin with tennessee wildfires where the death toll has risen to seven after three more bodies were recovered. All of us are praying for those families and are very distressed at the loss of life in this situation. And we continue our efforts to move into these areas and recover. Well, those efforts continue this morning after the states governor held a call with president obama where he offered condolences and support. Officials in tennessee there say the fires are likely to have been human caused. Over 17,000 acres have now been charred, making it the states largest wildfire in over 100
Christmas will cost a little more this year. Early today starts right now. Good being with you this morning. Im frances rivera. Parts of the country are waking up with all hell having broken loose, as some put it. Severe wildfires charred parts of the southeast in places like florida, north carolina, georgia, and tennessee, and tornadoes ripped through alabama and mississippi, ravaging towns there. We begin with tennessee wildfires where the death toll has risen to seven after three more bodies were all of us are praying for those families and are very distressed at the loss of life in this situation. And we continue our efforts to move into these areas and recover. Well, those efforts continue this morning after the states governor held a call with president obama where he offered condolences and support. Officials in tennessee there say the fires are likely to have charred, making it the states largest wildfire in over 100 years. And as of this morning, just one active fire remains.