run is over. yields go nowhere in the u.s. crude over 1%, trying to shake off weekly losses for the commodity. time for the first take. let s get to it. brexit. vol. come inside the bloomberg. white line is volatility and blue line is cable volatility. what is the rhetoric? traders, it isth how did we get to this? how is it that we have gotten to this point. that is the main story. we re watching the swing in cable. of the pound above the ruble. we have entered emerging market status in terms of what we are expecting. traders are focused on binary outcomes. london has done good work looking at how rates could go one way or the other on any outcome. in the interim, people are pushing out expectations for possible rate hikes for the boe, expecting a bluff. one of the most interesting things going forward will be what will a hard brexit look like? what is the worst case? planes cannot live from great britain to the rest of eu without advanced clearance? the financial sector will
let by industrials and health care. you have the nasdaq down for the first day. -frontier, trying to stem off customer losses after producing assets from verizon. the s and p. half good and half bad. this is in my terminal. half in green, the other in red. this push pull feel came from the cpi number. down, the gasoline and real estate once you get through hurricane season, may be the numbers don t look as good as we thought. a little bit of lack of conviction. fanny and freddie. you have a letter from six democrats to the federal housing finance agency asking for a buffer. take a look at these stocks. that core cpi number. i want to end on oil. it briefly touched above $50 a barrel. we are right here at that mark. you have some of the other energy companies getting a boost from the oil rally. julia: i will pick up right where you left off. u.s. inflation may be creeping back toward the federal reserve 2% target. today s inflation report offers some relief perhaps. even i
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