Developed world, but frankly i think it is just moving up because of the fed. It is the lack of faith. Something we have been seeing for seven years, the light of faith in the administration, the lack of faith in the qe in other parts of the world that are tapering. The expectation that nothing is going to change and it is the business as usual, i think that is an incorrect interpretation. We will see curves steeply again as the right policy makes begins to unfold. If you look at the feds, they have been around the block a mother have seen inflation pick up when no one expected it to, and they are responding in a way that their Life Experience dictates. That is waved in front of the market everyday is oil rises. Have been going in one direction for a while now, and that is having a big impact, at least on the bond market. Jonathan greg davis, global head of fixed income at the vanguard group, kathy jones, chief fixed income strategist, and from california, i am pleased to say that Mich
U. S. Are still high yield. T is keeping the long end i think the flat thing has more room to run. It is the lack of faith we have been seeing for the last seven years. It is a lack of faith in the administration, the lack of faith in the qe in other parts of the world that are keeping bond yield suppressed. The expectation that nothing is going to change and it is the business as usual, i think that is an incorrect interpretation. I think we will see curves steepening again as the right policy mixf the begins to unfold. If you look at most people in the fed, they have been around the block. They have seen inflation pick up when no one expected it to, and they are responding in a way that their Life Experience dictates. The one sign that is waved in front of the market everyday is oil prices. They have been heading in one direction for a while now, and that is having a big impact, at least on the bond market. Jonathan lets bring in our roundtable in new york greg , davis, global head o
The Interest Rates in the u. S. Are still high yield. That is keeping the long end i think the flat thing has more room to run. It is the lack of faith we have been seeing for the last seven years. It is a lack of faith in the administration, the lack of faith in the qe in other parts of the world that are keeping bond yield suppressed. The expectation that nothing is going to change and it is the business as usual, i think that is an incorrect interpretation. I think we will see curves steepening again as the right hand tale of the policy mix begins to unfold. If you look at most people in the fed, they have been around the block. They have seen inflation pick up when no one expected it to, and they are responding in a way that their Life Experience dictates. The one sign that is waved in front of the market everyday is oil prices. They have been heading in one direction for a while now, and that is having a big impact, at least on the bond market. Jonathan lets bring in our roundtabl
Was down slightly. Down by less than 0. 2 . Stocks in china were higher with the hang seng up wi a thiby a ta percentage point. The early trading in europe at this hour, things are mixed. The dax and ftse are slightly higher. Lets look at crude oil prices. Again, yesterday was a down day for equities. If you see another down day today, thats the first time in the first time in first backtoback losses in a month if you see things close lower today. Energy markets showing wti by 11 cents to 53. 31. Now to the agenda. Some government stuff coming out. Economic reports coming out today. The january trade deficit out at 8 30 a. M. Eastern. Thats followed by january Consumer Credit numbers at 3 00 p. M. As for earnings, brownforman, the maker of jack daniels and corbel sparkling wine that company will report results before the open along with dicks sporting goods, and after the close, h r block. April 15th is coming. It is ive done nothing with my taxes. How about you. Ive received things. I
They were every other beer i have drunk. These are two colossus. Brendan any sort of tasteless pills that you have drunk anywhere in the world is owned by one of these two brewers. Ahead im going and miller, yeah. Theyre going to try to buy them. Neara huge transaction, 100 billion. Right now our top headlines. Here is vonnie quinn on the fed. Vonnie Federal Reserve policymakers are beginning their twoday meeting today. By tomorrow afternoon they will decide whether to raise Interest Rates for the First Time Since 2006. Goldman sachs tells bloomberg there would not be as a prize if the fed takes action. If things go badly, and things intensify from here, in that case there would be a reason to push it into 2016. Futures contracts show there is a 32 chance of a rate hike. Ready as the leading republican candidates get ready to debate tonight, polls show the tide is turning for donald trump. He is up 13 Percentage Points in a month. None of the other 15 candidates is close. They will deb