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Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae ....
Time for todays market moving news from our washington and new york bureaus. President trump is pushing to reopen the economy, even if it leads to more deaths. Speaking in arizona in his first trip outside washington more than a month, the president is preparing for phase two of the u. S. Response to the coronavirus. Pres. Trump the people arent going to accept it. They wont accept it, and we shouldnt accept it. We have a great country. We cant keep it closed. Ive had doctors say, why dont we close it for a couple of years . This is the United States of america. Will some people be affected badly . Yes, but we have to get our country open, and we have to get it open soon. Alix Kevin Cirilli joins us with more. Good morning, kevin. Kevin good morning. The president returns from that trip to arizona, really signaling that he is going to be taking his message of reopening the econ ....
Defense strategic advic advisort zest likovich. Your initial thoughts on this and the fact that they reportedly have a new leader in place this morning. The fact they have a new leader is nothing that wouldnt be expected. Isis is like a business, so they know exactly who is going to take over. In my opinion, who cares l. The number two, as far as im concerned, hes already dead. We signed his death warrant when he took over that position. He is now enemy number one. What is prove from the operation to kill Abu Bakr Albaghdadi shows the u. S. Military can reach into any place it wants to to hunt terrorists down and theyll be hunting the number two, number three, for the next Going Forward. Maria are you expecting any retaliation here from isis . Retaliation in terms of domestically in the u. S. Or something in syria. Maria getting the u. S. Back for taking down its leader, ....
Good morning. This is bloomberg daybreak europe. I am lizzy burden in london. Chinese stock continue their slide. Sowing confusion over beijings approach to tackling the property slump. Watching wyoming as the worlds central bankers head to jackson hole. We will bring your top interviews from the kansas city fed. The netherlands and denmark will provide ukraine with f16 fighter jets in an agreement hailed by president zelenskyy as historic. Good morning. Happy monday. Who have you you have i hope you have your cowboy hat at the ready. All eyes on chair powell as we await his speech at jackson hole. Concerns about an imminent u. S. Recession might be fading but investors are still looking at potentially entrenched inflation and therefore higher Interest Rates for longer. Treasuries are down for the year after the recent losses but those losses are almost nothing to do with markets replacing fed policy which you can tell because the ....