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The two year yield now down to 4. 93 on the day. A lot of volatility in that bond market. About a 4. 9 nine handle earlier on the day. The 10 year now at 4. 63. We got as high as 4. 6 six. Really testing the high of the year. Again, that really interesting selloff in the bond market data today. May 8 movers on the equity side. Talking about apple shipping 50. 1 million phones in the first three months of the year. That is according to idc. Falling short of estimates and reflecting flagging sales in china, despite a broader smartphone industry rebound. Tesla slashing headcount by more than 10 as the carmaker struggles with slowing demand. On top of that, two Senior Vice President s have left the company. We will discuss this with Bloomberg Technology ed ludlow. What does this mean . Ed i am hearing there is a focus on cost reduction. It was the same analysis in 2022. The difference is teslas scale is greater, so 10 of workforce is around 14,000 people, based on their headcount, they fin

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