By 0. 1 . In the last 24 hours, the president of the United States is heading to israel. Tom per is no other story today. There is no other story today. He is basically traveling to a war zone. Jonathan he wants to present prevent the conflict from enveloping the whole region but how to develop a plan to get aid into gaza. Lisa thats one of the key components with the talks with tony blinken. I find it interesting that President Biden will be going to israel and going to jordan right after, entering the zone with Security Issues and Strategic Issues and have the u. S. Will influence this. Tom im reading on the turkish war in world war i and its amazing the parallels to right now. We are out front on diplomacy. Someone asked the secretary of state where hes been and he said he can remember. They have parallels to 1914 as they try to avoid war. The daily mail in london today talks about the tunnel structure of hamas, 40 feet underground and maybe as many as 300 tunnels. Thats the reality
Each comment is limited to two minutes. Public comment will be taken in person and remotely by callin. For each item the board will take Public Comment first for those in person, and then from people attending the meeting remotely. Comments are the opportunity to speak during Public Comment period are available by phone by calling 4156550001 access code 26608513617 then pound and pound again. When connected you will hear the meeting discussion but you will be muted and in listening mode only. When your item of interest comes up, press star 3. The best practice is call from a quite location, speak clearly and slowly and turn down your tv or radio. We thank you for joining us. Thank you. Madam secretary, call the next item. Item 3, general Public Comment. Reminder Public Comment is limited to two minutes. Do we have inperson Public Comment . Seeing none, reminder to any callers to press star 3 to be added to the speaker line. Moderator, do we have any callers on the line . Youre muted. M
Live on tv and radio. Your bond market reopens stateside with the powerful rally on the 10 year yield. 4. 66. Tom lets see how it comes off as a flight to quality as a general statement. Think we have to let it play out. The news flow from israel is minute by minute literally. Jonathan this is a treasury market that missed out on the haven flows yesterday. And you have to throw in the fed speak which started with your interview with mary daly and letting the bond market do the work for them. Then the rally starts. Lisa i wonder if that will lead them to reverse some of their stance. Is this less of a haven trade type of a bid and more of a response to fed officials signaling that maybe they are done. That really is maybe the confused soon confusion in the tea leaves. Tom i think they are going to wait to see what ppi is. When is cpi wednesday or thursday . But the answer of ppi is possibly more important. Jonathan the update on israel, the latest from Prime Minister Benjamin Netanyahu
Commissioner tomas. Commissioner engardio. Present. Thank you, we have a quorum. Call item number 2. Item number 2, communications, we welcome the publics participation during Public Comment. There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone calling 4156550001, excess code 26611, 4307349 then pound and pound again. When calling youll hear the meeting discussions, when your item of interest comes up, press star3 to be added to comment line. Best is to speak from a quiet location and turn down the radio or computer. Please note that city policies along with federal state and local call discrimi
Demand look like . We discussed that with the ceo. Im katie greifeld, in new york. Welcome to bloomberg markets. Its not exactly the big riproaring rally that we saw last week at the end of the week, but take a look at the s p 500 and its green right now, currently up. 3 . The nasdaq 100 with mild gains, i would call them, up. 2 percent. A different story if you take a look at the Philadelphia Semiconductor index, up. 4 . In video this morning is down, so maybe that is weighing on the broader index right now, and we will of course get into some Semiconductor Earnings this week. Before we get there, lets start with tesla. Its going heiner higher after elon musk paid a trip to china. Receiving tentative clearance for Driver Assistance Software in the worlds biggest auto market. Crank joins us now with the details. How much work is tentative doing in that sentence for approval . We know that there are some conditions that tesla is going to need to meet to bring this to market and that the