The action begins right now. Lets get right to it. It was the best day of the year for the dow, despite the rally there are signs in the bond market that not everyone is getting on board. Lets get on the money right now. What do you make of it . I think in an environment weve been in, we have banks moving, they like the fact that rents have gone up but havent moved up a lot of late. You have a 10year yield at 2. 5 but theyve both been basing for all intents and purposes and they could move together on a breakout higher. To me i think the problem you have here though is that theres nothing out there in the week we saw the fed that suggests that these guys are going to get hawkish too quickly. Its set up for something youre looking at. I dont know about the fed getting hawkish the fed really will influence the shortened of the curve probably more than the long end. When people are worried what the longer rates are going to do, were looking Economic Growth and deflation. We have a pretty
The action begins right now. Lets get right to it. Because it was the best day of the year fort dow but despite the rally there are signs in the bond market that not everyone is getting on board. Lets get in the money, dan, what do you make of that . I think an environment where weve been in, we have banks moving, they like the fact that rates have moved up but havent gone a heck of a lot of late and the fact of the matter is you have a treasury yelled at 2. 5 and the stock market feels pretty good about it. It seems like they could move together for all intents and purposes. To never problem that you have to me, i think the problem that you have here, though, is that theres nothing out there in a week that we saw the fed suggests these guys will get hawkish too quickly. Its set up for something. I dont know about the fed getting hawkish. The fed is going to influence the short end of the curve more than the long end. When people are worried about what the longer rates will do, were lo
The coveted crown has take an few hits. And nyquist is still unbeaten he has won the Kentucky Derby nyquist won the Kentucky Derby but placed third in the preakness behind exaggerator and cherry wine. Now the colt has been pulled from the Belmont Stakes because of a fever he developed after the race. Leading up to the preakness, two horses running in earlier undercard races died. A 9yearold colt collapsed shortly after winning a race and a 4yearold philly named pramedya was euthanized after breaking a bone in her leg. The horse was joined by roy and gretchen from chester county. Their other horse barbaro shattered bones in his right hind leg after the start of the preakness in 2006. He survived surgery but was euthanized months later an developing a painful hoof disease. At the time his plight gained worldwide attention. Immediately after this weeks preakness, peta, people for the ethical treatment of animals, demanded answers. On twitter the group wrote calling on owners to release ve
A big deadline looming as they night to keep the rays right here. Well tell you what it all means for the future of tropicana field. Now at 9 00, we begin updating you on breaking news this time yesterday. Authorities have named the engineer in that deadly rush hour train crash in hoboken, new jersey. Passengers say the train failed to slow down while approaching the terminal overrunning its stopping point and hurdling airborne into a busy commuter hub. Cnns reed binion reports on who officials sawa as i said, the engineer was released from the hospital. Reporter new jersey governor christie referencing the engineer this thursdays deadly commuter train crash. He is cooperating with law enforcement. Reporter the engineer now identified as thomas gallagher, a new Jersey Transit employee for 29 years. The train was packed with passengers and reportedly traveling too fast when it slammed into hoboken terminal. We got jolted out of our seats. Reporter the crash killing 100 injured. Images o
Thunderstorms, that will pop up through the afternoon once again. Coverage is about 40 for today. There is dry air to work through the north. Well talk more about that and more updates on our intensifying hurricane in the caribbean. Very early this morning, tier gas and pepper spray over the Police Killing of a mentally ill black man. Police say the crowd was much smaller than the first two nights but also much more violent. The scene got very heated when people stuck in traffic caused by the protesters were trying to get through. The protesters got agitated and started throwing objects smashing car windows. The rays are out of the playoff hunt, but the city of team there. Rodney dunningan is live outside of the trop and a major deadline is set for today. Reporter you are right about that, deiah. The city is set to pitch their master plan for the tropicana field site as well as the area surrounding the stadium. This could be do or die for the city. The city and Mayors Office have been