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Of yesterdays huge gains. We are near the lows with the tou down about i8 0 points we went lower as the ten year yield hits a fresh record low as kelly just reported. Braeg i breaking below 1 for the First Time Ever now at 0. 972 . Lets get to Steve Liesman for the more on the feds emergency rate cut thanks very much. The historic 50 basis cut emergency cut, the first since the financial crisis, not greeted warmly by the market critics condemning the rate cut bringing the rate cut to a new range. Wont do much good to combat the economic effects of the virus u. Hfe writing they dont believe its constructive in the supply shock induced by the coronavirus outbreak and responses to it jay powell in his press conference pushed back against the criticism. We do recognize that a rate cut will not reduce the rate of infection, wont fix a broken supply chain we get that. But we believ ....