Hours as we await the next jobs number. Time now for global exchange. From london to berlin and washington come our bloomberg voices are on the ground with this mornings top stories. We begin with irans response to claims that the ukrainian passenger jet crashed in tehran was shut down. The head of the countrys Civil Aviation authority said this on state tv. Law, i said, based on the there is full coordination between our air defense and civil system. Are Aviation Personnel and defense personnel sit sidebyside, so it is absolutely impossible for such a thing to happen. Alix for more, we are joined by stuart wallace, Bloomberg News director for the middle east, joining us from washington. What is the latest . Stuart tehran came out with that, and they are sticking to its story. They continue to stick to that line despite just about everyone theye world saying that have reasonably good intelligence that there was at least a possibility that airplane was hit by a missile. That hasnt been
Still attractive but not breaking out. We are going to test 1 . A lot of things have to go incredibly wrong to get down to 1 . 1. 2 on the 10 year, we have to be looking at a global recession. I dont see a resolution on the trade front. I think that continues to weigh on the u. S. Economy. Not a resolution but some progress. The fed will have to come back and ease again. The fed is going nowhere. There has been a tremendous shift easier across the central Bank Landscape in 2019. How can that happen in 2020 . It probably couldnt. Lisa everyone ganging up on bob michele. We have more perspective. Joining me around the table is Marilyn Watson of blackrock, Matt Hornbach of Morgan Stanley and Subadra Rajappa of societe generale. I want to start with you, marilyn. Do you think that now that we have some contours of a trade deal, that we will seek 10 year treasury yields bleed higher into next year . Marilyn we have to see with the details are on the phase one trade deal, how much they will
Sconces willt of break records in sales. Sonali basak, natalie wong and lisa lee. Lets begin with sonali. There is a question of who will finance this company and as softbank takes control. Goldman sachs trying to get a loan deal done but there is something unique. Please explain. Sonali softbank said we work as the coborrower here. Softbank and we work had become intertwined since they got into this deal. Softbank has been emerging as somebody that banks want to work with, despite the troubles that have happened, they are seeing portfolio companies, something they have a big Portfolio Company. Something to look out for next year is doordash. Also a Portfolio Company in the vision fund, working with j. P. Morgan for a Credit Facility here. Lisa softbank is listed as the main borrower. They are putting their own money and name on the block here. How much of a liability is this for softbank in a broad sense . Case ofk in isolated this coming into their purview . Are they going to bring o
Bond yields moving sideways. We need them to be cheaper. We are going to test 1 . A lot of things have to go incredibly wrong to get down to 1 . 1. 2 on the 10 year, we have to be looking at a global recession. I think that continues to weigh on the u. S. Economy. The fed will have to come back and ease again. The fed is going nowhere. There has been a tremendous shift easier across the landscape in 2019. How can that happen in 2020 . It probably couldnt. Lisa everyone ganging up on bob michele. Joining me around the table is Marilyn Watson of blackrock, matt orbach of Morgan Stanley and Subadra Rajappa of societe generale. I want to start with you, maryland. That we have some condors of a trade deal, that we will see tenured treasury yields lead her into next year . Thelyn we have to see with details are on the phase one trade deal, how much they will roll back next year, the impact for the rest of this year. It would reduce some of the headwinds if we see more stabilization. But i th
They are cheaper. We will test 1 . The 10l get to 1. 2 on year. I dont see a resolution on the trade front. I think that weight will continue to weigh on the u. S. Economy. Back will have to come again. There has been a tremendous shift across central bank landscapes in 2019. How do you think that could happen . It probably couldnt. Lisa everyone ganging up on bob michele. We have more perspective. Joining me around the table is Marilyn Watson of blackrock, Matt Hornbach of Morgan Stanley and Subadra Rajappa of societe generale. Marilyn, i would love to start with you. Do you think that now that we have some contours of a trade deal, that we will seek 10 year treasury yields bleed higher into next year . Marilyn we have to see what the details are on the phase one trade deal, how much they will roll back next year, the impact for the rest of this year. It would reduce some of the headwinds if we see more stabilization. But i think going into next year where you had some of the we think