For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to me what is going on. Your summary was pretty accurate. The higher for longer Interest Rate environment is spooking investors who have been for at least 15 years of the view that Central Banks have their back in terms of keeping Interest Rates low, but also buying Government Debt, quantitative easing, money printing, which many viewers have been familiar with over the last 15 years, has gone into r
situations in the east of the country to some relative safety here and now they feel very unsafe here. i was talking to several families here in lviv. this was their last stop of safety. they were living in a family friend s living room. i asked them, so what happens if lviv gets hit. they said, well, we ve got nowhere to go. we have very little cash left in our pockets. they don t have enough money to go to poland. that s getting filled up very quickly, so it is a very desperate situation for all of the people in this country. and they re coming by the train load, literally. we were at lviv train station and wave after wave of people from these battered parts of the east of the country were arriving here. they all had a 1,000-yard stare in their eyes. they didn t know what their next move was. they left their husbands, fathers back on the east side of the country to fight and to help with the war effort. you know, we spoke to a group of girls yesterday that i found
it says food. people are begging for help after monday s earthquake caused roads and bridges to collapse, making it extremely difficult cult for rescue crews to bring in supplies to the disaster zone. some locals say they don t have any food. they don t have any water. landslides destroyed homes and dozens are believed to be buried in the rubble. a tough situation. bill: sure is. we ve been telling you about this mystery illness affecting a dozen people in upstate new york, west of rochester. most of the victims teenage girls. the symptoms involuntary spasms and outbursts. even the girl s own doctors are split on the cause. our fox news medical a-team s dr. marc siegel spoke to two families and doctors treating many of the victims. dr. siegel is here to deliver his results of the good morning to you. a curious story. what did you find there? bill, of course i m not their doctor but took a medical history of the two of the girls yesterday.