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BLOOMBERG Bloomberg Daybreak Europe July 14, 2024

Broadcom words pushes deeper into software. Nejra good morning. Just on 6 00 in london. Welcome to daybreak europe. Yields front and center. Drop in global yields, the 10year hitting another 2016 low. Below 2 . We had 195 on that treasury 10 year yield. We see u. S. Stocks hit another record high in yesterdays session. We have to think about the fact that we will have a holiday and markets closing early. Independence day tomorrow. Futures on the back foot ahead of that. The yen also bid. Concerns around Global Growth. Dollaryen. Lets take a look at the euro. This has been remarkably steady over the past couple of days. Tradingear bund yields 36 yesterday. We saw that btp twoyear yields drop into negative territory. How much does that say about italy or the hunt for yield globally . The 10year btb yield below the 190 and a. The euro spiked briefly in the sense in yesterday as we heard that the ecb may not become sintering be conside ....

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BLOOMBERG Bloomberg Surveillance July 14, 2024

Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstre ....

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