We are just crawling back to flat on the nasdaq. P half a percent. Big moves in treasuries, if you can call it that. Except two basis points on the 10 year. The dollar index relatively unchanged, although other currencies have seen strong swings against the dollar this week. The mexican peso stronger by. 4 . Yen also stronger but are 3 . Lets stick with treasuries and the relatively large moves this week. The industry has more than 12 trillion of assets but record low yields on treasuries are causing a problem for the industry expected to deliver annual returns in the high Single Digits. For more on the subject, we welcome brian chappatta. It seems like maybe once upon a time but right now nobody has an expectation of high Single Digits for their 401 k s or Pension Funds more general. You are not getting it in treasuries. When i was talking about pensions staying away from treasuries, the 30 year bond yield was at 1. 4 . Morning, 1. 24 this which is rare in the fixed income market. Tre
More state money for schools in the coming year. According to the teachers union, about half of the states nearly 300 School Districts will be close while teachers attend todays rally on the day legislators gather for organizational meetings ahead of the 2020 session that starts in january. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Live in toronto, i am amber kanwar. Welcome to bloomberg markets. Stories thatre the we are following from around the world. Home depot woes. Missing thirdquarter sales and trimming its annual Growth Outlook for the second time in three months. Protests continue in hong kong. Stories that we are following from around the world. Officials say the chaos is putting sundays election at risk. And almost showtime. Saudi aramco bankers say there is enough interest to pull
Our will. Now i doubt there is anyone in scotland who is not partially sick of the brexit nightmare, but the Boris Johnson deal does not get brexit done. It just opens the door to the next episode of the brexit horror show. Sturgeon added a vote for the s p is able to escape brexit. The parties is involved hold a new independence referendum next year. Protesters hit the streets of hong kong today after the death of a student who took part in demonstrations earlier this week. The student died after a fall in a parking garage near a protest site. Prodemocracy supporters claim police were chasing him, while Authorities Say the accusations are false. Some demonstrators have committed suicide during the unrest in hong kong but nobody has been confirmed dead as a result of the clash between police and demonstrators. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from
The aramco ipo will be a local event. The Worlds Largest oil company has decided it will not market shares to american, canadian, european, or japanese investors. Instead, they plan to rely on ultrarich saudis, most of which have impressed to buy shares. Regulationsosening to allow locals to buy more stock. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. 1 00 in new york,alysts in oves 6 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories from around the world we are following. U. S. Stocks in a range as investors weigh on trade update. President trump and secretary mnuchin meet with jay powell to talk about the u. S. Economy. Our conversation with u. K. Leader jeremy corbyn. How he plans to nationalize key industries, should he win the general election. And in o
Program two years ago, but lower courts blocked the move. Police in hong kong more the city is on the brink of a total breakdown. For a second day, they fired tear gas in the financial district and battle with protesters. Clashes continued late into tuesday evening. Protesters have called for more disruption to the citys Transit System on wednesday morning. While fires are burning at emergency level intensity across australias most populous state and into sydney suburbs. Authorities have warned most people in the path of the flames that there is no longer time to bleed. Flee. The world me a Logical Association classifies this as a , is atophic fire morning the top of the danger scale in australia, and probably anywhere. 10 of fireextreme days, how they measure the fire increased in recent decades across many regions of australia, especially in southern and eastern australia. Mark she adds it has been the second warmest january to october on record for australia as a whole. She notes th