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Well look at it now down well over 100 points and then down 20 points now were down 49 points. With whiplash there. Now look at Interest Rates. That is the key barometer, yield 2. 26 now. Couple of hours ago it was 2. 34 that is a huge spike and then decline. Scott was in chicago and hes going to tell us what is going on. Scott couple of weeks ago that tenure treasury yielded 10. 7 but now 2. 26 why the spike . Back to good friday that bad number on that day. Market, cash markets were closed but future market tanked but by the time we came in on monday and closed monday afternoon everything was much higher than it was say on thursday before good friday, and i dont think that bodes well for the market but upset feds an now fed is now sitting there thinking, theyve got a job to do against the bonged market. Bond market is biggs bond market out there so we have to fight against the bond market and ting theyre winning. Theyre ones bon ....
Hikes and Share Buybacks. Germany in Strong Demand by ireland, italy and greece. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello and welcome, everyone, to brand new edition of worldwide exchange. Ross westgate is feeling under the weather today. We hope he feels better soon. Julia is still in rome. The pboc, nearly 8 billion was taken out through bond purchasing agreements. Traders say the decision is a hawkish move, highlighting the pbocs desire to tighten Monetary Policy. Meantime, the boj is signaling its ready to help japans economy for the long haul. One day after disappointing data, the bank of japan held its policy view and kept lending steady. Using a driving metaphor, the boj governor kuroda said the moves ....
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about five, almost six points at 3012.81. the tone is set in say sha, numbers out of cha in a slowing down today. exports missing expectations. should we be worried? in today s closing bell, steve leisman is at their head quarters. steve, this is your wheel house global slow down or not, what do you say? there is a global slow down going on, but i want to caution people out there, especially the bears not to double count. we had this very slow chinese trade data. we seem to be reducing chinese expectations for growth. 7.9% down. look at the data and you see it s slowing there. is this reflecting weakness from europe and the united states? you can t double count that, chinese trade data and chinese economic growth is a reflection of what s happening elsewhere in the world. it s more of an input more than a output. i think the key question, especially next week, what i want you to keep your eye on is the e tail trade data. the big question for the world economy, u ....