The fed reacting to a down shift in sentiment. The one thing that has not rallied in this everything rally are long dated bond prices. Investors have been positioning ford to virgins. Yields are much higher than they were 48 hours ago. We have had some recently. We did see a reversal. Not just the fate the fed. A pretty positive environment for yields. We see an astronomical amount of money pouring in and it is not in short dated treasuries, it is the longer data. One of the most crowded trances highquality duration. If you look at where yields are you maybe better off in the short end of the curve. If you get yields in equities higher, that is the pain trade. Jonathan joining me now, lets begin with you. Maybe the biggest risk is the one that is in duration and not in credit. Your thoughts. Kathy every once in a while they do ring the bell. I think that with all the easing if we look at cap previous quantitative easing cycles we have seen, we have seen the curve steepen and rates move
Handful of swing states, its potentially those specific voters who will decide who wince. But maybe a better question to ask, who is the voter who voted for donald trump in 2020 but does not want to vote for him again in 2024. The New York Times and nbc have identified a batch of these very voters as have election pac Republican Voters against trump. Heres what some of them have to say. For the first time in over 50 year of voting in president ial elections, i will not vote republican. Im a twotime trump voter. Donald trump has shown that he has no regard for the laws of this country. Biden may not have policy that i agree with, but i know that democracy will be saved under biden. I voted for trump in the past elections. I cannot do it now. Trump is a gutless coward. Who would last five minutes in a combat zone. His character does not suit the presidency. I will no longer be voting for President Trump. Because trump wants to act like a dictator. At first listen, it sounds like great ne
Is trying to make a comeback. But is it a bluff because he just trying to get attention will ask one of his former closest aides who will be here this hour plus a friday. Feel good from my hometown philly. See how the power of popcorn is giving one group but sense of pride and independence and leading this hour, President Biden on the road taking his state of the Union Address on tour for stop bat around pennsylvania and were standing by for him to speak any moment now, after last nights supercharged rather political speech, lets get right to cnns mj lee whos in wallingford, pennsylvania, one in 08 six as i recall, were President Biden is about to speak and mj President Bidens speech is to set to kick off a monthlong tour, continuing his State Of The Union message, what exactly is the white house planning . Yeah, jake, we should be seeing President Biden take the stage behind me any minute now, here in the suburbs of philadelphia to really kick off his post State Of The Union tour. And
Here in the suburbs of philadelphia, to really kick off his post state of the union tour. And we are about to see Justy Of Travel from the president. Tomorrow he heads to atlanta, georgia. And then next week well see him traveling to New Hampshire on monday, and then on wednesday and thursday, wisconsin and michigan, of course, two of some of the most important Battleground States heading into november. And what the campaign is saying is that between the president and Vice President kamala harris, they plan on the two of them hitting up every Battleground State in the coming weeks. Now, of course, all of this is about amplifying the message that we heard from President Biden last night in his state of the union remarks. And just a few minutes ago, we heard the president telling reporters on the tarmac about the idea of debating his gop gop opposition candidate, donald trump, and also whether he tuned into the republican rebuttal to his remarks last night. Take a listen. Will you commit
Their case for them. New tension in Fulton County as Da Fani Willis Weighings the timing of a possible fourth donald trump against donald trump. Take a look at this House Collapsing into a river in alaska. Its just one result of recordbreaking b glacial flooding in juneau. The floodwaters forcing residents to flee and officials to declare a state of emergency. Thats one example of the Severe Weather hammering the country today. Well start with Donald Trumps legal team on the clock. They have just a few more hours to respond to the dojs request to restrict what the former president can publicly disclose about evidence. Special counsel jack smith made the request after trump wrote on social media, quote, if you go after me, im coming after you. Here is what trump attorney alina habba had to say about the request for the protective order. This is jack smith coming out as the victim here, saying its more him being afraid. The protective order in terms of witness testimony, exhibits, those