Welcome to new york, in new york , filling in for katie greifeld. We are looking at an smp back on the rise in the second day of gains and. 7 rise in the s p 500 and further gains in the tech heavy industries in the nasdaq 100 and Sox Semiconductor index flying. That is bringing it on track for a second week of gains with the rebound. The two year yield is only down about one basis point for. 53. We started the week above 4. 60 and last week above 4. 71. Some serious cooling and a bid that remained into the powell testimony. We will talk about the ecb leaving rates on hold for a fourth straight meeting. Traders are boosting their bets for a june rate cut as president Christine Lagarde spoke. Pres. Lagarde inflation is continuing this downward trend and continuing to decline to our target as labor costs marked moderate and supply bottlenecks and the reopening of the economy after the pandemic faded. Sonali now joining us for more is a la sondra. When you look at the pressures and the ex
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