Here are the numbers 1. 15 and 1. 4 yep, im talking about the plummeting yield on the benchmark tenyear treasury where you only get 1. 15 return. And 1. 4 thats the apparent rate of the dreaded coronavirus. At least thats what we think it is whi while bond yields keep falling, now 1. 4 number is much better than 2 number weve been worried about with the outbreak. Which along with the treasuries this very afternoon is why the market was able to rebound today. S skyrocketi skyrocketing 1,294 the s p 500 surnling 4. 6 . The nasdaq 4. 49 okay i dont want to be simplistic here but this market is ridiculously volatile it is controlled by fear thats the physical fear of getting sick, the fear of a slowdown in commerce as people are becoming reluctant to go outside and the impact of that fear which is causing investors to hide money in safe haven treasuries which are giving now yield. That is driving the prices up and yields down. Now we have seen the most minute changes in treasury yields pro
And were looking a sfo, not too bad. Low 70s by about 4 00. Well see that low cloud and fog deck burn back early, stale gray at the coast, upper 50s there. Were looking at a bit of a warming trend for the upcoming workweek. Chris. Lis, thank you. Breaking news, lanes of both directions in highway 101 in redwood city are closed after separate crashes. The first crash happened at 2 00 in the southbound lanes. Chp said a wrong way driver died after hitting another vehicle. The other driver has major injuries. Now, a second crash happened half hour later in the northbound lanes. At least three cars were involved, four people taken to the hospital. One has major injuries. Its unclear if the crashes are related. There is no estimated time for the lanes to reopen. Time now 5 01. Brazen and bold. Thats how Vacaville Police are describing the crew that stole 8,000 of merchandise from an outlet store in broad daylight. It happened one week at the at the Tommy Hilfiger store and they are asking f
Cloudy at the coast. A bit warmer inland. By 4 00 in the afternoon, upper 70s, warmest inland valleys. A little bit warmer. Some of you near average. Well talk about the warmup coming up. Chris. Lisa, thank you. 6 01 the time. Breaking news on the peninsula. A section of highway 101 in redwood city is closed right now after multiple crashes. The first happened just after 2 00 this morning in the northbound lanes. The chp says a wrong way driver died after hitting another vehicle. The other driverin twenty minutes later on the southbound side there were two separate crashes involving drivers who stopped to look at the scene of the first collision. The chp says in that resulting accident a car rearended anoth another. A woman got out of one car that was hit by another car. Shes in critical condition. The driver has hit her is under arrest phone suspicion of dui. Its unclear when northbound lanes will be open. Brazen and boold, thats how Vacaville Police are describing the crew that stole
Announcer news the build a better bay area. This is abc7 mornings. Its sunday, june 16th. Good morning, and thanks so money for joining us. Im chris nguyen. Lets start with a first look at the accuweather forecast. Lisa . On live doppler 7 a lot of cloud cover for this fathers day. The marine layer is extensive. Heres a look from san rafael, a lot of cloud cover, numbers in the 50s, 58 in oakland. Mountain view is at 59. 60 in san jose. From the airport, 44 minute delays at sfo. The peninsula, in the upper 60s later on. San mateo, low 70s redwood city. Right now in the east bay, upper 50s to low 60s with the cloud cover. San francisco, you will be below average, many cities today continue that trend. Slightly warmer than yesterday. Numbers, cool up the coast, warmer inland just by a few degrees today. Developing news on the peninsula, all lanes of highway 101 in redwood city are back only after multiple crashes. The first happened just after 2 00 in the north bound lanes. The chp says
Of sun in the beaches and 54 Half Moon Bay and were looking at san jose where well see temperatures almost near average in the mid70s for afternoon highs and it will be by noon time and temperatures all in the 60s and by 4 00 its sunny and cool to mild around the bay and looking at the late sunset after 8 30, chris . On the peninsula, police are stepping up patrols after a group of teenagers attacked pedestrians on a new foot bridge. It connects two communities and abc 7 News Reporter luz pena has the latest. Four weeks ago the East Palo Alto community celebrated the opening of this pedestrian bridge and joy turned into fear for some residents. I saw four or five teenagers, and i was scared, too, after seeing them. At 8 00 p. M. Thursday the first attack was reported. They just converged on thee bridge. According to police the first victim was attacked right here by five teenagers. Three of them ran west and two ran east. Let me show you an aerial shot of this bridge. In the exclusive