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Angela merkel does not rule out joint eu debt issuance. Nejra another emergency move from the fed sent stocks and yields soaring, but we are reversing some of those gains today. The 10year yield, we saw the biggest route in 10 and 30year treasurys 1982. We talked seven basis points on that 10year yield today. Asia. N the screen in the moves we saw yesterday in , also theisk on prospect of that stimulus to the tune of more than 1 trillion, but the question for markets is how can risk on continue until we see any kind of inflection rate in global coronavirus cases . Yousef this emergency Lending Program that has come out to try to support primary dealers is front and center in the Monetary Policy side. You mentioned some of the we got on the fiscal side. We are firmly downward, 3. 7 2000. Than also look out for major moves in the commodities and epic space. For the bloomberg ....
Rallies weve tried to mount lately. Dow only 220 points s p pole vaulting 2 or 3 . Nasdaq rocketing 1. 53 . And roll over at the bell. But now the hard part begins. We know the Chinese Government has put through a whole bunch of measures to stabilize the market. We seem to be well, i never want to say we are at the curtain closing part of the greek tragedy with the lesser of two evils at least for the stock market might prevail. Still one more bailout that could be destined to bailout a year or two from now. Doesnt matter. In the shortterm a resolution any resolution is positive especially when it comes to the dollar which is selling off for once against rejuvenated euro. No doubt because an end to the uncertainty could send europes single currency soaring. The dollar really matters. Something thats going to become obvious as we go through the next weeks game plan. Mondays going to be dominated by foreign affairs, greece and c ....
As temperatures are concerned, it is cool in the morning and meteorologist shiri spear say things feel so little like summer this afternoon. Shiri you want to know something funny, this countdown clock, 5 hours and 51 minutes away. A new season before you know it. Feeling sunny in boston and 60 in randolph. And further west, bump into the 50s. 53 wellfleet. 58 in wrentham and thats where you are going to want to until 8 00 this morning. 06 in auburn. 65 in worcester and 55 in fitchburg and 57 in amherst, New Hampshire. 54 in bridgewater and mid50s in plymouth. Falmouth at 59 degrees. And there are cool spots. A little bit of cloud cover and just a couple of foggy spots. The usual location like norwood, for example, donning that a little of fog. 57 in boston. It is mild. And 83 degrees at 3 p. M. Cooler conditions at the beaches, even this evening looking nice an clear and i will say 73 at 7 p. M. As the pats take on the texans 8 30 ....
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