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BLOOMBERG Bloomberg Markets Americas July 13, 2024

The twostens spread is up 31 basis today. Been a while since weve been that wide on the spread. A far cry from the negative numbers we saw earlier in the year. A little bit of weakness today for the british pound. We are waiting for Boris Johnson to speak to lawmakers in parliament. Has gotten several upgrades. There are still some analysts cautious about the fundamentals, but generally, that type of a gooddata is seen as outlook. In europe, we are seeing a mixed bag with carmakers again, kind of in trouble today. They are dragging down the dax. We also have a couple of french carmakers lower after the deal with fiat yesterday. We will get into Boris Johnsons plans in a few minutes. The stoxx europe is all told, flat. At 22 basisield points right now. That is the most positive we have seen it in negative territory for quite some months. Later this hour, we will be watching
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