Only up a point. The 10year yield at 51 basis points. Jersey talking about a range of 40 and 80 for the next two months. Now that we have broken through 54, he says that was an important level. Ralph lauren, one of the stories of the day. That stock down 6. 25 . Argentina has reached an agreement in principle with a key group of creditors to restructure 65 billion worth of debt, after a third default this century, the ninth overall. Robert koenigsberger, cio of gramercy funds, who had a seat at the table, joins us now. Headlines crossing about half an hour ago saying there was an agreement in principle. Few to us about the last hours, couple of days, how it all materialized. Robert good afternoon and thank you for having me. April, itoke last in seemed like an agreement would be too difficult, that the two sides were too far apart and with hardened positions. Over the past couple of months, obviously, past couple of days, those positions became less hardened, and logic prevailed. Winwi
The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Territory. And dozens of bushfires burn a cross eastern australia forcing a Record Number of american morning. In sports sorry Bill Williams is the biggest deal in rugby history in new zealand has agreed to a 2 Year Contract with the Toronto Rugby League team worth close to 7000000. 00. Crowds in hong kong according for a citywide vigil over the death of a fellow protester students a gathering at a memorial for a child she logged who fell from a building during a demonstration on monday the 22 year old died in hospital on friday a millions of people have been protesting in hong kong since june demanding more democracy. Well hong kongs police in our responsibility but say theyll conduct a full investigation there are accusations that Police Officers chased after the man before his fall we must clarify so we must clarify that it is certainly for us. Lastly we are aware that some that distance call on others to stage protests tonight. And over the weekend there are also critical comments
Eight minutes. Good morning and good weather. Yes, well have another nice day. The weather was pretty perfect yesterday for that game. Were going to see more of the same for this afternoon. Just a few more clouds moving n but as we start out, we are headed out the door to temperatures mostly in the upper 40s and low 50s, and then as we go into the rest of the day, nice warmup in martinez, going from 52 degrees at 8 00, to about 72 degrees at noon, and then some mid70s for today. All of our microclimates showing more of the same temperatures weve had recently, but there are some changes ahead in the forecast. Well talk about that in a few minutes. Mike, youve had a couple of crashes and even a Traffic Alert. A lot of changes over the last couple of minutes, kari. I didnt get to change this to red but we should see that because just been declared Traffic Alert for northbound 85, alert for folks out of the almaden valley, northbound 85 approaching union. Two lanes blocked so only half you
Today. Im at the boeing post, where that stock is rebounding right now. Up 2 . Weve got more on that in the meantime, the rest of the market hovering near alltime highs. Weve got 59 minutes to see if we can eke out a new record. Yeah, but just losing that momentum, morgan, in the last few minutes, now red on the a s p 500. Im wilfred frost. Good afternoon to you. Lets look at whats driving the action some trade pessimism as we got news that phase i of the u. S. Trade deal may not be signed in november, as planned Solid Earnings reports from merck and pfizer helping give the Health Care Sector a boost, but tech has turned lower with disappointing results from alphabet and grubhub, driving the nasdaq lower also to come today in our beyond the bundle series, we will get the details from at t about their new hbo max service and well also speak with one of the disrupters in the mccollum the interview coming up on closing bell. We are just negative for all three of the major indices of cours