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east. and what could be a devastating escalation in the war there. and plus liz cheney says there is enough evidence to refer former president donald trump for criminal charges. new details from the house panel investigating the january 6th insurrection. and on his 100th day in office, new york city mayor eric adams tests positive for covid. it comes amid a surge of new cases in new york and washington, d.c. we ll ask a health expert whether other big cities are next. good morning. and welcome to way too early. on this monday, april 11th. i m jonathan lemire. british prime minister boris johnson made a surprise visit to kyiv over the weekend, for a remarkable showing of unity with ukrainian president zelenskyy. the two leaders walked side by side, through ukraine s capital on saturday, which just a few weeks ago was under threat from russian forces. stopping to talk with citizens on the street, johnson s visit came one day after he announced that britd wouldn t ....
we start on the markets because a day after wall street closed at new record highs the jitters have returned. but i don t seem to have a camera! what i can do is. you know what? you can look at my chair. we are coming back. hello, nice to see you again. shares have fallen sharply, oil had its steepest one day fall since last summer, and those bond yields the effective interest rates on government debt have soared again. the yield on the 10 year us treasury bond hit almost 1.75% its highest since the very start of the pandemic back injanuary 2020. what s that telling us? that investors are scared inflation is about to take off and interest rates will have to rise soon. that s despite reassurances to the contrary from the head of the federal reserve. we d had about a 45 basis point jump in that treasury yield, and during that time, that is when we saw the nasdaq sell off more than 10%. so the question here is, what does it look like on the chart now for the treasu ....
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Hearing this word being bandied about, war-seccion rather than recession. with the soaring rates and hikes in interest rates and we will be listening to the federal reserve to see whether they see anything more this week with regards to taming that inflation, by hiking interest rates. and tech, tech stocks don t do well in high interest rate environments, that s because they have very high price to earnings ratio and don t pay out many dividends and sensitive to that. and we could see the nasdaq, very heavy, very in the red by friday s session, and it is looking weak this morning, as we look to u.s. futures. at lof us woke up to the news that elon musk has decided not to join twitter s board of directors after all, a lot of hype a few days ago that he would. what does this mean? what is behind it? what do we think this indicates for the future of twitter? ....
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