Distortions are coming through risk assets more now that rate markets. Versus 25 10 years ago. It is a great point she is making. It has been the best trade at the sovereign marketplace for a long time now buying treasuries. Will the trade still be good now that italy is starting to see inflationary pressures . Countries have seen inflationary pressures. They make a value back in the. Ther in sovereign debt without a doubt, it will be best what are your thoughts . We just talked about the boj before we are happy with the control policy, they have their 10 year basis point. One of the traits is shorting curve,year part of the basically what they dont, the japanese government on market. Jonathan the little maker trying to make sure this time around . I think it is somewhat different. The yield curve, they are yields yields throughout the missing in this country for a long time. Jonathan joining me around the lisa,in new york is curve of the 10, effectively more freely flowing. In additio
We think it is a overall positive backdrop for the economy that is about to also get more tailwind from the tax policy. It suggests the job market is continuing to heal and i would be surprised if the bond market did not take this into account. This Unemployment Rate is 4 . In the last 70 years, we have never seen the Unemployment Rate at 4 when the deficit spending is set to increase from 4 deficits to 5 , so this is an economy running hot right now. Wages are gradually continuing to pick up as the Unemployment Rate comes down. There is evidence we are closing in on full employment and this is the start of a more pronounced acceleration in wages. I think this volatility in these data, i think the rush to judgment on Hourly Earnings is a little too soon. It looks like it is probably pulled in from the folks in the top end. We are very excited to see the 2. 9 growth wage number. It is what we have been talking about with you for the last year. It was really the impetus for our tax plan
It suggests the job market is continuing to heal and i would be surprised if the bond market did not take this into account. This Unemployment Rate is 4 . Would not seen this before. This economy is running hot right now. Wages are beginning to improve. We are probably closing in on. 1 employment. This could be the start of more of acceleration in wages. I think the rush to judgment was too soon. It looks like it was cold out by folks that the top end. Were excited to see a 2. 9 wage growth number. The impetus for our tax plan was to create sustainable wage growth, something that was missing from this country for a long time. Jonathan kevin, lets begin with you. Nothing for me has really fundamentally changed in the last couple weeks. We spent most of last year focused on inflation as far as the bond market was concerned. Reformanged aftertax and a number of new factors came into the market. The dollardefined, decline. Trade disputes. China is the biggest buyer. Now the deficit. If you
Crime scene after a man goes on the attack and tonight were learning new details about that mans past just months ago that suspect was arrested for trying to jump the fence at the white house. Good evening, im jessica dean. Im ukee washington. Authorities in Chester County say the quick thinking actions of sheriffs deputy prevented many from being injured by the knife wielding man. David spunt has the latest on the investigation tonight. David . Reporter ukee and jessica, some good news first to report. Were told that sheriffs deputy is improving expected to make full recovery. Ive learned new details about the suspect in the last hour or so. The main thing though that detectives want to find out is why he came to this courthouse and why he attacked this specific deputy. A normal day inside the Chester County courthouse turned violent in matter of minutes. After police say 35yearold curtis smith pulled out a knife and stabbed a chef riffs deputy. This guy runs through the runs through
Man. David spunt has the latest on the investigation tonight. David . Reporter ukee and jessica, some good news first to report. Were told that sheriffs deputy is improving expected to make full recovery. Ive learned new details about the suspect in the last hour or so. The main thing though that detectives want to find out is why he came to this courthouse and why he attacked this specific deputy. A normal day inside the Chester County courthouse turned violent in matter of minutes. After police say 35yearold curtis smith pulled out a knife and stabbed a chef riffs deputy. This guy runs through the runs through the door, im going to get you, im going to get y you. Went receipt past security and i hear pop pop. That popping sound was the return fire by other sheriffs deputy who shot smith. Smith later died at a local hospital. Smith made National Headlines in march when he jumped the white house fence. Something is wrong with him, hes mental but for gods sake who would let him out. Acc