Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid. We see significant vaccine implementation. The jobs report, it will take a long time to get back to normal. The fed will be on hold for the foreseeable future. As a result, you will not see a 50 basis point increase in the 10year. People should sit tight and recognize that rates will stay low for the foreseeable future. Today proves that we will be in this odd situation where markets will look fo
The Program Since we cant leave the house as of wednesday ill shop today so it will last me through the week just like the numbers are simply too high. Not fitting intensive care units to a degree we cant tell the rate. Its probably young people not following the rules we do. Our Health Systems of it and in addition the death toll is rising sharply the food on the football is causing a shockingly high number of deaths. The numbers arent going down so i think its necessary. Also coming up it is possible and looking more and more probable that there will be no trade deal between the u. K. And the European Union come january 1st fishing and. And fairness are 2 hurdles standing in the way and the clock is ticking id like to be giving more positive news but at the moment these negotiations seem seem stalled. And the the the barriers to progress are still very much in place. And to our viewers on p. B. S. In the United States and to all of our viewers around the world welcome we begin the da
New restrictions. Im anthony how to welcome time is running out to make a post break that try deal and avoid crosschannel economic chaos theres still no sign of a breakthrough after another day of talks Prime Minister johnson is now sit to travel to try to brussels to try and strike a last minute deal the European Unions chief negotiator Michel Barnier however is downbeat about the chances of an agreement signed the Sticking Points for mine. European leaders locked in disagreement with the u. K. Over the final terms of a trade deal not so different from last december besides the covert safe seating arrangement chief negotiators shop michelle from the e. U. Side and david frost of the u. K. Remain divided after a day of talks on monday. Later in the day you Commission President was aloof on the lions spoke at length on the phone to u. K. Prime minister Boris Johnson but to no avail conditions were not there for an agreement they both said they plan to meet in person in the coming days.
Weve had confirmation of a monster deal. Ryanair, europes largest carrier, committing to the 737. Maxs. Oing to buy 75 737 this comes on the heels of that grounded,being un after the huge grounding following those two crashes. We will be talking to the two ceos of these companies at the top of the next hour. Alix this is your super bowl. I just want to point that out. Some data dropping right now as well. Ism men effect ring data for november ism manufacturing data for november. Mike mckee has that. Michael it is slightly less than we expected. It comes in lower than the prior month. The services pmi comes in at 55. 9 from 56. 6. Not much of a change. Still growing strongly, which is important because this is a Services Economy. New orders were down a touch, as is the business facility. 51. 5 from 50. 1. In the Manufacturing Survey earlier this week, we saw employment fall into contraction soritory for manufacturing, Rising Services employment is still good news for the auto for the ov
Takeoff. U. S. Aviation regulators say boeings 737 max can return to the skies, but only under certain conditions. And im disturbed in doha with all your support in the cricketers went to pakistan for the 1st time in 16 years. Is that a move for this news . Our u. S. Truck make a fire as a says it will request emergency approval for its coded 19 vaccine in the coming days. The vaccine developed with its german partner biotech, has shown consistent results across various demographics with no major side effects. On the results from the pfizer biotech vaccine trials showed a 95 percent success rate in all age groups. The highest of any candidate in late stage clinical trials. So far. The company says it could have 50000000 doses available by the end of the year. But its distribution is complicated by the need to store the vaccine. A temperature is of 70 degrees or minus 70 degrees celsius. We are confident that if, if we continue across the current of it, that it could could happen that,