High of the day. Futures were limit up. Westart the session started the session up more than 5 at one point. Only a few days ago, we were wowed when the tenure went through 1 . It is hoping to hold know that it is approaching 1 again. The dollar stronger today. Below 107 on the yen, 106. 94. We will be speaking with john taylor of Stanford University in just a moment. Guy this doesnt even feel like a dead cat. It feels like a dead kitten. The equity markets are bouncing, but not much. Europe is off its session highs. Relative to4 , but the biggest move ever to the downside yesterday, that doesnt feel that impressive. Trading at 307. A lot of action in the german 30 year. You are seeing bid offers tightening up a little bit. Thats good. Liquidity may be starting to come back. That was certainly a focus for the fed yesterday. What is interesting as well, the bdp market is on offer again. We started to see yields coming back down again after yesterdays christine lagardeinduced move. That
the thinking is people will be staying at home more and streaming on netflix more. the s&p 500 up .10%. guy: in europe, much more risk on. the stoxx 600 up 1.2%. seeing a much more positive session developing in europe. the pound is little softer. better pmi data today. i expect there is profit-taking there, maybe of some people were positioned for better numbers. a bank of england rate cut next week. continuing contradictory messages out of the bond market. the bond market -32 on the german ten-year. stocks higher, bonds higher. vonnie: we begin in china, where officials have locked out 40 million people in an effort to stop the spread of the virus that has claimed the lives of 26 people. it comes during the lunar new year holiday, the busiest travel time of the year in that country. we are joined by bloomberg opinions max nielsen. the who decided not to declare the coronavirus a pandemic of international concern. are it tells you how early in trying to evaluate the seriousn
Acted upon the recommendation of mr. Rosenstine and mr. Sessions with whom he had met on monday evening, who then put their recommendations in writing. He said that he had made up his mind to fire mr. Comey before those gentlemen had met, number one. And number two, that he was basically not following their recommendations. He was acting on his own, so that raises some questions. The question of turmoil in the ranks of the fbi, something that has been raised several times and the president raised right there, was knocked down today on capitol hill by acting director mccabe who said that mr. Comey had the very strong support of the majority of the rank in file at the fbi. He certainly painted a very different picture of that. Reasonable minds obviously can disagree and from where the president the attorney general and the Deputy Attorney general sat they may have come to different conclusions on that but certainly that would be another sort of series of questions that i expect youll hea
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