Starts right now with the grass fire in Santa Clara County. I am ken bastida. I am veronica de la cruz. The fire now burning in the foothills east of san jose between sarah and filter road in the diablo range. This was taken from chopper 5 a few minutes ago. Cal fire ordering four caretakers to battle the blaze. It has already burned 50 acres just within the past hour or so. As of right now, the fire is a zero containment. The fastmoving blaze already burning up 250 acres and one structure has been destroyed. Black smoke can be seen throughout the santa clara valley. There have been no injuries and no evacuations to tell you about. Is the temperature rises, the relative humidity drops. We did see that today with values down below 25 or 30 . Hotspots around 100 degrees. Clayton, 104. Concord, 102. This heat has been away from the water. If you find yourself near san pablo bay, San Francisco bay, the coastline, it is markedly cooler. 40 degrees cooler. In the financial district, it is 72
Right over there, the sun coming up over lake michigan, 1 minute before 7 00, so a couple of minutes ago. Early morning temperatures in the south are showing up in the 40s and a few 30s to the north. 39 degrees in madison. And 47 degrees at Mitchell International. Were feeling the affects of high pressure. Nice and dry for today. We will see a couple of clouds roll in as we look atht pretty Early Morning sunrise. You can plan on the chilly start with readings in the 40s. But top out 60 degrees. Winds light and east. And a fair amount of sun with light clouds rolling in this afternoon. Thema thank you, sally, new overnight a man in his 20s is shout and killed on the northwest side. Near 27th and home avenue, not far from capital drive. According to Police Officers responded to a shot spotter call gunshot wound. He died at the scene. No suspects are in custody. And also new from overnight, a man is shot outside of comets nightclub in milwaukee. That is near 54th and hampton. This happene
Right over there, the sun coming up over lake michigan, 1 minute before 7 00, so a couple of minutes ago. Early morning temperatures in the south are showing up in the 40s and a few 30s to the north. 39 degrees in madison. And 47 degrees at Mitchell International. Were feeling the affects of high pressure. Nice and dry for today. We will see a couple of clouds roll in as we look atht pretty Early Morning sunrise. You can plan on the chilly start with readings in the 40s. But top out 60 degrees. Winds light and east. And a fair amount of sun with light clouds rolling in this afternoon. Thema thank you, sally, new overnight a man in his 20s is shout and killed on the northwest side. Near 27th and home avenue, not far from capital drive. According to Police Officers responded to a shot spotter call gunshot wound. He died at the scene. No suspects are in custody. And also new from overnight, a man is shot outside of comets nightclub in milwaukee. That is near 54th and hampton. This happene
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
Donald trump and Hillary Clinton when their new york primaries allowing them to reassert control over their fight for the president ial countdown. Hans, this is your neck of the woods. You know so much about the u. S. You are looking at the bond move in japan. Negative yields across the early maturity. The 40 year now hans the negative yields story across asia is a big story people look at japan here to take a look at some of these numbers. We have 5 billion 5. 171 in terms of negative rates. A remarkable amount of offerings out there. This is the story of how much further negative you can go. This is what we will be watching as we listen for mario draghi. Aroline a phenomenal move ecb moving up for tomorrow here today, a lackluster day if youre looking at trading. The futures, signaling a down day for most of europe. We go down. 5 . The euro stoxx 50, we could see a. 4 . This after phenomenal sales in china. We are down 3. 5 of the shanghai composite. It seems to be the pboc hinting t