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BLOOMBERG Bloomberg Surveillance July 12, 2024

Radio and Bloomberg Television across this nation. It is not a usual august. It is highly unusual, different from 1998. Certainly some of these trends are draw dropping are jawdropping. Bonds participate. It is decidedly risk on. Lisa although you have to say, when you got a 10 year yield below 1 , to say it is a decidedly different tone with yields going up indicates just where we are in this cycle. I will say, also important to note that is yields rise, bond prices down, you are seeing real yields remain deeply negative. Tom deeply negative and plunging right now. 1. 00s the right word, at and now at 1. 03 on the u. S. Tenyear. That is a really extraordinary drop. Saw,own near the lows we but this will be a huge theme. What will you listen for from chairman powell on thursday . Lisa basically, how much they are going to keep yields low and how much they perceive themselves looking at the reality of the economy today. I rea ....

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KTVU KTVU Mornings On 2 At 7am July 12, 2024

It will be hot and muggy today. Did your seat for those well inland. Fire dentures go up and possible showers sunday night into monday. We are just getting a lot of high clouds. 60s and 70s. 74 in san jose. Thats very warm. Record highs likely today for many including San Francisco. Heat advisory from the bayside location starts at 11 am. Inland areas heat watch starts at 8 am. Temperatures are soaring above average highs for this time of year with livermore penciling in 108 and should be 88. And now we are seeing things picking up at the bridges. Lets start at the bay improved, actually. We had a bigger crowd at 6 30 am and now its 7 00, it seems to have disappeared. Traffic is moving along very nicely here. Looking at your screen, not a lot going on. Also, as you see, interstate 880 in oakland with traffic moving along okay in both directions. Because of the hot weather today, the organization that manages our states power grid i ....

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KPIX KPIX 5 News At 6pm July 12, 2024

Rushing through acre after acre of woodland. You can see from the video taken about an hour ago flames shooting 40 feet high in the air a we said, 2400 acres have burned with 205 homes in the evacuation zone. People in napa county are no stranger to catastrophic fire and have been preparing. We are nervous, but we have done a lot of Fire Prevention work over the past year preparing ourselves since 2017. We have been doing a lot of work around here to take flammable trees down and clear as much as we can. So far, the fire still has a zero containment on this place partially due to unstable air conditioning. It made retardant drops impossible which is how we stop fires here in rugged terrain like this around napa and sonoma counties. Any update on the fire burning nearby as well . That fire stands at 375 acres, that is the gamble fire burning near knoxville road west of brooks right now. It has zero containment at this point as wel ....

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KTVU KTVU Mornings On 2 At 430am July 12, 2024

Allie is in for sal today l gathering. An unofficial car show at a Concord Shopping Center drew more than 150 people saturday nighhe twdozen cars are on still quiet. There is something new y it display at the Shopping Center on clayton road. Vehicle. Businesses and witnesses say so it should not tie things up many few people were wearing for very long but it is blocking the on ramp to westbound 580 where we have this problem. An ambulance is on the way. Face coverings. Police were called in but no arrest report appears in the south bay we are getting a Southern California church is defying a court order to stop Holding Indoor services. Pastor ron mccoy led a 9 a. M. A report on westbound 82 just east of 680. There is a problem there. Service yesterday ....

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KPIX KPIX 5 News At 6pm July 12, 2024

7 commercial vacancy rate. 7 store front vacancy rate in San Francisco. That 7 skyrocketed to over 50 . Walnut closed. So this is where all the bands sit. Which rents touring vans to bands has seen his business fall off a cliff. Ive been able to make up little bit of what we lost by catering to a different market. But most of our business has collapsed. Our key demographic was the music industry. You know, were running about 30 of where we were last year. At the protests, Business Owners were asking for openings not to be based on state guidelines but on a case by case basis. Everything associated with the pandemic, things have not gotten easier to do business in San Francisco. Folks dont feel like they have the support they need from elected officials from the federal, state, or local level. Were getting really close her ....

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