Down at the bank of england where the debate is how hard has brexit been on the economy . And if they take a sledgehammer to the rate, the policy affected just a month ago. Manus, as we go to the program, outside the bank of england a lot more to talk about. Let us start with the bond market. I have a great chart u. S. , 530 spread in the we have seen that widening for nine straight day. What we see here, many people suggesting that this is giving us a signal in the markets, that we have not seen since 2012. The yield curve deepening for nine straight days, investors went to be in at the shorter days, that we might not see an increase in interestrate from the u. S. Fed when they meet next week. A busy week for central bankers of course next week. And a policy is on hold, what is that due to inflation, and we see bond markets adjusting as a result. Lots of talk about in the bond market as we go for the program. Lots more from manus at the bank of england. Let us throughout the risk rada
Most influential summit taking place right here in our european headquarters. We are about to hear from the Deputy Government at the bank of england. But first, here is the bloomberg first word news. Ted losses on signs saudi arabia may compromise with iran. The Countries Oil minister gave the strongest indication the kingdom could reach a deal in november. U. S. Government data is forecast to show inventories increased by 3 million barrels. Deutsche bank shares are trading high after it agreed to sell its u. K. Insurance unit to phoenix group. The ceo has told the newspaper that capital is currently not an issue. And accepting Government Support is out of the question for us. The government has come under increased pressure. Payl bank of scotland will claims iton to settle sold faulty Mortgage Backed securities to u. S. Credit unions. The agreement closes lawsuits filed on the half of two credit unions. Rbs has not admitted fault and says the cost is covered by provisions. Two Senior
Campaign,nie sanders the peoples revolution we are talking about, the Political Revolution we are talking about is strong in every part of the country. Frankly, we believe our strongest areas are yet to happen. Meanwhile, clinton did mississippi primary. Donald trump tightened his hold on the republican race, winning primaries in michigan in mississippi and one the caucuses in hawaii. The single biggest story in Politics Today is what is happening at the booth. The tremendous number of people coming out to vote. I hope the republicans will embrace it. Ted cruz managed to win the idaho primary. Trump now has 446 of the 1237 delegates needed to win the nomination. Vice President Joe Biden says iran breaks the terms of the Nuclear Agreement we will act. Iran carried out a Ballistic Missile test for the second day in a row. This time, they launched two missiles. Global news 24 hours a day powered by a 20 firm to journalists in more than 150 news bureaus around the world. 2400 journalists.
Flip the election in 60 seconds. Any comments . I have been more concerned about the loss of the changed then the voting machines. Quite frankly, i think im far more concerned about the laws that have been passed by republicans legislatures and governors. Theres enough problems there do not have to worry about voting machines. Lets move to our questionnaire please. Tell me how to get the media to respond to the issues you are talking about . You pick the shows that you like in the think tell you something useful and then you invest in them as people. You support the public radio stations, you support democracy now, you tune into those programs acrosstheboard. The other day i saw michaels more comments on cnn doing a fantastic interview with with orrin hatch about the supremee the court. I think a good show can beas everywhere but you need to start making a lot of noise about those who are doing it right and you need to absolutely object we are like the only thing that is democratic in
Nonpaid commercial, talking about medicare in the future we have an event coming up next week where we will have a discussion. If you want to talk about it come see me. Thank you for being here. [applause] professor klar, how was the discussion on the panel . Wish it had been longer. What caught your ear . How engaged the audience is and the future of the elections now. A lot of people are worried about loosing a grip. You talk about voters going under cut. What do you mean . The fast majority of independents prefer one of the two. We have known this in political skiens for a long time. We find wanting to call one independent comes from the negative stigma associated with the party. Americans who prefer democrats and rbs are ashamed to be associated with their party and tell neighbors and friends they are independent. And they are not willing to to do any activities that might stray from partnership and this hurts the candidates they secretly support. It is a big problem. Host the last