Sonali coming up, top fed Officials Say they will wait for rate cuts. Short term rates move higher moving closer to 5 . We begin with the big issue, the data backs up higher for longer. We have so many fed speakers talking about higher for longer. Higher for longer. We are going to see higher for longer. The fed is on hold for the foreseeable future. The reality is the fed is highly data dependent. They came across more hawkish then expected. Inflection data is starting to look at her inflation data is starting to look better. Not having urgency will change if we see more weakness in the labor market. You are starting to see softness in the labor market. They would have every indication to cut. As long as consumers continue to work, i think the fed can focus on inflation print what the fed is doing will eventually work. The fed probably will see the slowing inflation it wants to see. Do the fed need to act and do they need to fully start acting . Sonali i want to look at shortterm rate
An historic monday for the bond market. Joining us today is Jonathan Ferro working from the Early Morning hours. Manus cranny will be with us. Manus good morning. You see it on television and hear it on radio, 5. 01 of the 10 year yield. His street this morning. As history made this morning. The first lisa first time you seen it lisa the first time you have seen treasuries go above 5 . On we have a lot of good thoughts tom we have a lot of good thoughts on that. A sharp note in the Financial Times. Hobbit l arian looking Mohamed Elerian looking at it saying it is global. Manus there is the overall momentum. With our saying why are Asset Managers and insurers not stepping in your they simply dont have the complexity. They are not forced into it and so the appetite is not there. You have some of the hedges. Tom should we ask him banking questions so he feels comfortable . Lets take your experience with ubs. How scared would you suggest the big banks are with the price down, yield up unra
Former fixer Michael Cohen expected to testify in just hours in the former president s hush money trial. Were live with how it impacts the case. An explosive update in the baltimore bridge collapse. How crews will blast apart pieces of the bridge today to free that trapped cargo ship as the city races to reopen the port. And the nuggets look golden. Denver bounces back to tie up the series against minnesota. Plus, well hear from the wnba commissioner as the Womens League tips off for one of its most exciting seasons ever. Primed for the future. Deion sanders gives one colorado Football Player a life changing surprise. Its monday, may 13th. Early today starts right now. Good morning. Im frances rivera. We have breaking news this morning. The manhunt for the suspect in the Fatal Shooting of an ohio Police Officer has come to an end. Authorities say that 24yearold Deshawn Anthony vaughn was found dead inside an apartment in the cleveland suburb of Shaker Heights after an hours long stando
Suspected cop killer has come to an end. What police say happened after an hours long standoff with the suspect. A weekend packed with wicked weather. A tornado tore across western pennsylvania, ripping the steeple off a church packed with people. Hear from the pastor about the terrifying moments. You get an apology. Why oprah is saying sorry for the role she has played in all the weight loss craziness over the years. And a supersized deal. Mcdonalds cooking up a plan the get customers back in the door. But will it set off a new fast food war . Its monday, may 13th. Early today starts right now. Good morning. Im frances rivera. We are hours away from what could be a pivotal day in the hush money trial of donald trump. Multiple sources have told nbc news that mr. Trumps former fixer Michael Cohen will take the stand today. Hes expected to be a key witness for the prosecution. Nbcs brie jackson joins us now. Good morning, brie. Why is Michael Cohen so important to this case . Good mornin
Former fixer Michael Cohen expected to testify in just hours in the former president s hush money trial. Were live with how it impacts the case. An explosive update in the baltimore bridge collapse. How crews will blast apart pieces of the bridge today to free that trapped cargo ship as the city races to reopen the port. And the nuggets look golden. Denver bounces back to tie up the series against minnesota. Plus, well hear from the wnba commissioner as the Womens League tips off for one of its most exciting seasons ever. Primed for the future. Deion sanders gives one colorado Football Player a life changing surprise. Its monday, may 13th. Early today starts right now. Good morning. Im frances rivera. We have breaking news this morning. The manhunt for the suspect in the Fatal Shooting of an ohio Police Officer has come to an end. Authorities say that 24yearold Deshawn Anthony vaughn was found dead inside an apartment in the cleveland suburb of Shaker Heights after an hours long stando