A hectic month. There is a lot of uncertainty with regard to the world in general. Jonathan jim b juncker joining us now. What a week in this market. The equity market breaking down by a little more than one and a half percent on the s p 500 but it is the absence of the bid in the bond market hitting the attention of you and i and everyone else. We are selling off, not driving yields lower. Yields are higher by four basis points. What is the signal you take away from that . Jim a worrisome signal. You are right, the fed is doing qe, buying 120 billion dollars of bonds a month, the stock market flirting with a 10 correction. That has all the hallmarks of a classic risk off rally, that bond yields should be falling as treasuries catch a bid as everyone rushes into safety. None of that is happening. The take away the market is still worried about uncertainty over next weeks election, uncertainty about the rising coronavirus, and potential or more fiscal stimulus and or inflation. All of t
Early today starts right now glad youre with us. Im Frances Rivera im phillip mena. The number of Coronavirus Infections continues to grow as this pandemic rages on there are now over 6 million infections in the u. S. And more than 186,000 covid related deaths the series of International Trials found that treating critically ill covid19 patients with corticosteroids reduces the risk by 20 . Actor and former wrestler the rock johnson is the latest celebrity to be infected by the coronavirus. He announced his wife, two young daughters along with himself all tested positive about three weeks ago. This as a man in his 60s has become the first covid19 death erelated to sturgis in south dakota reporter its the scene they fear will unfold in the days to come from pool side parties to bars and beaches these are the holiday hot spots often behind a spike in coronavirus cases. After memorial day, 4th of july and a motorcycle rally drawing hundreds of thousands, u. S. Health officials sounding th
Now at 11 00, high def doppler tracking light rain in parts of the bay area. Its just a taste of the storm on the way later this week. We just didnt give up, and kept ing and he was just calling out to god and screaming and crying like it was his own child. A shocking crash caught on camera. We hear from the people who jumped into an east bay canal so save a womans life. Plus a Santa Clara Deputy on leave tonight after a familys frightening discovery at an airbnb. And is oakland helping the homeless or just wasting money . In tonights project home, the plan to hold the city accountable. It feels like were refugees in our own country. They treat us like were nothing. Now at 11 00, a soggy monday night across the bay area. Im ken bastida. And im veronica de la cruz. Our cameras showing a slick drive on the richmond, san rafael, and Golden Gate Bridges. Chain controls are now in effect on interstate 80 in the sierras. Brian hackney has been tracking the rain tonight, and this is just the
In just a few minute. Reporter im betty yu, and were getting some incredible video into the newsroom of the moment a driver crashed into a canal at a high rate of speed now at 11 00, high def parts of the bay area. Its just a taste of the storm in pittsburgh. This is Youtube Video ed on the way later this week. A woman who says the female we just didnt give up, and he kept going and he was just driver ahead offed her was calling out to god and driving erratically and almost hit her and others, so she screaming and crying like it was his own child. Started to record her. The driver eventually loses a shocking crash caught on control of the car, hits a camera. We hear from the people who jumped into an east bay canal so save a womans life. Plus a Santa Clara Deputy on barrier, and tumbles into the canal. Pittsburgh police say just leave tonight after a familys before 5 00 p. M. , officers responded to reports of an frightening discovery at an airbnb. Overturned car into a canal. And is o
Livermore at this hour. Highs in the low to mid 50s with partly cloudy skies and breezy conditions. Well talk more about what you can expect coming up. Giana. And good morning out a travel advisory. Take a look at the toll plaza here. Getting busy for your Tuesday Morning drive. Once you pass this portion traffic looks a little bit better heading into San Francisco. Lets zoom in on our delays here popping up on our sensors. It looks like were getting reports of an accident along here. So just a heads up as you work your way through there and a new trouble popping up. Two men are dead after a pair of shootings within 24 hours in hayward. The murders happened on osage avenue and alice street after two back to back killings last month. A memorial has been set up for 20yearold jj kreech who was gunned down in mid december. The second happening just hours later and yesterday a man was found with respect multiple gunshot wounds in the citys burbank area. I heard pop pop pop. This is a mother