Speaker 1: Life from the Bloomberg and directed Burger Studios. This is
Speaker 1: Bloomberg Daybreak for Monday, March two. Coming up this hour,
Speaker 1: another round of peace talks gets under way between Ukraine
Speaker 1: and Russia. The White House tries to walk back President
Speaker 1: Biden's comments on Vladimir Putin, and in markets, the steepest
Speaker 1: global bond route of the modern era shows no signs
Speaker 1: of slowing. The January sixth Panel files contempt cases against
Speaker 1: two former Trump allies. Plus it made Academy Awards history,
Speaker 1: but not even good way. I'm Michael bar More straight ahead,
Speaker 1: I'm John Stashdown Swards, Kyrie evering first home game, the
Speaker 1: Nets lost wins with the Knicks and Rangers, and the
Speaker 1: n C Double eight tournament is down to the final four.
Speaker 1: That's all straight ahead on Bloomberg day Break on Bloomberg
Speaker 1: Element TREEO, New York, Bloomberg one, Washington, d C, Bloomberg
Speaker 1: one oh six one, Boston, Bloomberg nine sixties, San Francisco,
Speaker 1: Sirius x M one nineteen and around the world lone,
Speaker 1: Bloomberg Radio dot Com and via The Bloomberg Business. Good Morning,
Speaker 1: I'm Nathan Hagar, and I'm Karen Moscow and futures are
Speaker 1: little changed to start the week. We're coming up to
Speaker 1: six o one on Wall Street. I'm gonna check the
Speaker 1: markets every fifteen minutes throughout the trading day. On Bloomberg
Speaker 1: and SNP futures little change to lower, down about four
Speaker 1: points now. Dall futures also that will change and NASDACK
Speaker 1: futures are down forty two The tenure treasury down eight
Speaker 1: thirty seconds, yield two point five zero percent, and they
Speaker 1: yield on the two year two point three six percent.
Speaker 1: Nine night Screwed oil is down three point nine percent,
Speaker 1: down four dollars forty one cents and a hundred nine
Speaker 1: dollars forty nine cents of barrel. Nathan, all right, Karen,
Speaker 1: we'll have more in markets in a minute. But first,
Speaker 1: peace talks between Ukraine and Russia resumed this week in Turkey.
Speaker 1: The meetings come as several cities in Ukraine continue to
Speaker 1: take heavy fire. We get more from Bloomberg Managing editor
Speaker 1: Dan ten Kate Lenski is out again speaking about what
Speaker 1: Duke would be willing to discuss in these talks. One,
Speaker 1: you know, ready to declare neutrality abandoned, the push to
Speaker 1: join NATO. Vow not to develop nuclear weapons. And you know,
Speaker 1: the key one is basically saying that they're willing to
Speaker 1: talk about that Dombus region where Russia really had troops
Speaker 1: already before the war started. And this is sort of
Speaker 1: an acknowledgement from the Ukrainians that, Okay, you know, maybe
Speaker 1: we could move the troops back to the positions where
Speaker 1: they were pre war. Bloomberg's Danten Kate reports that talks
Speaker 1: resumed while heavy explosions were heard in several Ukrainian cities overnight.
Speaker 1: Local authorities expect civilians to keep fleeing the devastated city
Speaker 1: of Marapol, and Nathan knows. Peace talks, however, are being
Speaker 1: overshadowed by comments made by President Biden. Some off the
Speaker 1: cover marks about Russian President Vladimir Putin are garnering serious attention.
Speaker 1: And here's what the President said Saturday. For God's sake,
Speaker 1: this man cannot remain Almost immediately the White House tried
Speaker 1: to walk back those words, and we get more from Bloomberg,
Speaker 1: said Baxter. The president's as he was not advocating regime
Speaker 1: change in Russia and that he was just answering a
Speaker 1: reporter's question earlier in the day Secretary of State Anthony
Speaker 1: Blancott also walked back the original statement. We do not
Speaker 1: have a strategy of regime change in Russia or anywhere
Speaker 1: else for that matter. Now, the US Ambassador to NATO,
Speaker 1: Julianne Smith, says the President had spent all day with refugees,
Speaker 1: listening to heartbreaking stories. In the moment, I think that
Speaker 1: was a principled human reaction to the stories that he
Speaker 1: had heard that day. But French President of Anya mccron
Speaker 1: is warning against words or actions that could inflame the region.
Speaker 1: In San Francisco, I'm at Baxter Bloomberg Gay Break and thanks.
Speaker 1: Let's turn to President Biden's agenda back home now. The
Speaker 1: White House releases its budget proposal today. It's expected to
Speaker 1: detail the minimum tax rate for households worth more than
Speaker 1: one million dollars. Amy Morris has the details from our
Speaker 1: Bloomberg room in Washington. The White House calls it the
Speaker 1: Billionaire Minimum Income Tax. It's the most aggressive proposed so
Speaker 1: yet by the administration to increase taxation on the wealthiest Americans.
Speaker 1: If enacted, it will hit both the income and the
Speaker 1: unrealized capital gains of hundred million dollar households and generate
Speaker 1: an estimated three hundred sixty billion dollars in new revenue
Speaker 1: over the next decade. That's more than a third of
Speaker 1: the White House has projected trillion dollar cut to deficit
Speaker 1: spending over that period. In Washington, I maybe more as
Speaker 1: Bloomberg daybreak all right, Amy, thank you. The economy also
Speaker 1: in focus this week Friday brains the government's Johns Report
Speaker 1: for March, and we get more from Bloomberg's Vineydale Jude
Speaker 1: I's US unemployment is poised to fall, with jobless claims
Speaker 1: the lowisons in the nineteen sixties and job openings at records.
Speaker 1: The March trade could go as low as three point
Speaker 1: six or three point seven percent. According to some forecasters.
Speaker 1: Unemployments at a record high of fourteen point seven percent
Speaker 1: in April one, the pandemic struck the record load two
Speaker 1: point five percent dates back to the nineteen fifties. Also
Speaker 1: this week, I s M factory data, consumer spending, consumer confidence,
Speaker 1: beneath birth day break right if Anny, thanks fixed incomes
Speaker 1: front and center this morning. Is the steepest global bond
Speaker 1: route of the modern era, shows no signs of slowing.
Speaker 1: Ten Your treasury yields have climbed past two and a
Speaker 1: half percent. Yields on five year notes rose above those
Speaker 1: on thirty year bonds, an inversion for those maturities for
Speaker 1: the first time since two thousand six. That suggests concern
Speaker 1: over an economic downturn and perhaps even a recession. Nathan,
Speaker 1: We are seeing big moves in the Japanese yen this morning.
Speaker 1: That's after the Bank of Japan offered to buy an
Speaker 1: unlimited amount of bonds for three straight days. It's the
Speaker 1: first time the central bank has made such a move.
Speaker 1: And checking the yen, it's trading at the weakest level
Speaker 1: in seven years, at one d twenty four point two
Speaker 1: nine against the dollar. I Meantime, Karen COVID's threatening economic
Speaker 1: activity in China again. Shanghai has declared a lockdown to
Speaker 1: combat a surge in cases. We get details from Bloomberg's
Speaker 1: Emma O'Brien locking down for four days one part of
Speaker 1: the city, which does include the financial district in Podong,
Speaker 1: and then the next four days after that locking down
Speaker 1: the other side of the city. And during those four
Speaker 1: day period is they will be mass testing the entire
Speaker 1: population as part of China's COVID zero strategy, which they
Speaker 1: are maintaining to really root out and suppress virus cases.
Speaker 1: Bloombergs M O'Brien says lockdowns will extend to the roads.
Speaker 1: Private cars won't be allowed to drive unless necessary, and
Speaker 1: the lockdown will hit production for Tesla and China. Nathan
Speaker 1: Bloomberg News has learned the Electric carmaker is extending a
Speaker 1: production pause at a Shanghai plan for another four days
Speaker 1: because of the restrictions, and the original plan called for
Speaker 1: suspending production for just one day anytime. In southern China,
Speaker 1: Karen investigators have now recovered the second black box from
Speaker 1: last week's deadly China Eastern plane crash. All one thirty
Speaker 1: two people on board were killed when the jet nose
Speaker 1: dived from nearly thirty thousand feet. We get the latest
Speaker 1: from bloom Bloomberg's Philip Glenman. Investigators in wood out here
Speaker 1: in southern China have a big booster investigations by planning
Speaker 1: the second black box that gives them information on the
Speaker 1: movement of the plane and the performance of the engine.
Speaker 1: And it goes along with the black earlier that records
Speaker 1: of what was said in mccocks bid. Philip Bloombergs Philip
Speaker 1: Glaman says the flight data recorder has been sent to
Speaker 1: pay Jing for analysis. I want to pass along this
Speaker 1: red headline just across the Bloomberg terminal Tesla to ask
Speaker 1: holders to vote on more shares for a stock split.
Speaker 1: You're listening to Bloomberg Daybreak. It sounds six oh seven
Speaker 1: on Wall Street. We're twenty four degrees in central parking,
Speaker 1: seeing fifteen to twenty minute delays in the upper level
Speaker 1: of George Washington Bridge inbound. The tails coming up in traffic.
Speaker 1: First Michael Barr with more on what's going on in
Speaker 1: New York and around the world. Come what are Michael?
Speaker 1: Good morning, Nathan. The January sixth Panel says two as
Speaker 1: advisors to former President Donald Trump should be held into
Speaker 1: contempt of Congress. The panel says they are withholding information
Speaker 1: at the House committee considers central to its investigation of
Speaker 1: events surrounding last year's attack on the US capital. The
Speaker 1: report from the investigating committee named former wine House Deputy
Speaker 1: Chief of Staff for Communications Dan Scovino and Trump's trade
Speaker 1: adviser Peter Navarro. The panel is set to me tonight
Speaker 1: vote on the recommendations. The Academy Emotion, Picture Arts and
Speaker 1: Sciences says it does not condone violence in any form
Speaker 1: after fireworks at Sunday Nights Oscars. Minutes before accepting his
Speaker 1: Best Actor award, Will Smith slapped presenter Chris Rock on
Speaker 1: stage after taking events to a joke about his wife Jada.
Speaker 1: I love him, g I Jane too. Can't wait to
Speaker 1: see it all right? That was a nice okay about him?
Speaker 1: Oh Richard oh Wow. Smith later accepted the Best Actor
Speaker 1: award for King. Richard Hell said to me a few
Speaker 1: minutes ago, he said, at your highest moment, be careful.
Speaker 1: That's when the devil comes for you. Jessica Chastain won
Speaker 1: the Best Actress award the movie Code a Stream on
Speaker 1: Apple One for Best Picture. The Cinderella team of the
Speaker 1: n C Double A men's basketball tournament will still get
Speaker 1: a hero roes welcome. After being illuminated. St. Peter's University
Speaker 1: lost to North Carolina, The Peacocks made tournament history as
Speaker 1: the first fifteen seed to reach the Elite eight. Fans
Speaker 1: back home in Jersey City watched the game, cheering for
Speaker 1: how far the team advanced. They had a great season.
Speaker 1: You really can't say nothing bad about it, Jersey City
Speaker 1: Mayor Stephen Phillips said on Twitter after the Peacocks historic
Speaker 1: tournament run, the city would still hold a parade and
Speaker 1: the Keys to the City ceremony for the team. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quicktake, powered by more than twenty seven hundred journalists
Speaker 1: and analysts and more than a hundred twenty countries. I'm
Speaker 1: Michael bar This is Bloomberg, Nathan. Thanks Michael six o
Speaker 1: nine on Wall Street Time for the Bloomberg Sports Update.
Speaker 1: Here's John Stashow actuate that it's the Nets. It was
Speaker 1: the Nets thirty six home game of the season. It
Speaker 1: was the first I reerving his story, well known as
Speaker 1: refusal to get the vaccine hot topic not only in
Speaker 1: sports but at city hall. Last week the private sector
Speaker 1: mandate lifted for him at least, and Kyrie took the
Speaker 1: floor in Brooklyn. My presence out there, which is bigger
Speaker 1: than the basketball game, you know, which is representing a
Speaker 1: lot of individuals that are out there in a similar
Speaker 1: situation of game um and now that oct to play,
Speaker 1: I think it should be open work for everybody. I
Speaker 1: don't take it for granted. Laugh and tonight it was
Speaker 1: his story. I'm great for that. I got a chance
Speaker 1: to be out there with my brothers and the game
Speaker 1: did not go well. Irving shot just six of twenty two.
Speaker 1: The Nets came off a blowout win in Miami, lost
Speaker 1: to Charlotte one nineteen and one ten. Almost certainly two
Speaker 1: little too late for the next playoff host, but they
Speaker 1: are playing better of late at three and o road.
Speaker 1: If they held on at Detroit one oh four one
Speaker 1: oh two, Knicks blew at twenty one point. Lad Alec
Speaker 1: Burk's the hero down the stretch. He had a big
Speaker 1: three and that a game saving steel at the Garden
Speaker 1: Rangers over Buffalo five for the KeAndre Miller gold two
Speaker 1: minutes in overtime. The recent Ranger picked up Frank Petrano
Speaker 1: scored two goals eighteen seconds apart the first period. Islanders
Speaker 1: lost Devil's top Montreal to shootout. As we just started
Speaker 1: the news, the clock struck midnight for Cinderella. St. Peter's
Speaker 1: lost fights twenty to North Carolina and the Peacocks could
Speaker 1: now be losing their coach. Shaneen Holloway is widely expected
Speaker 1: to leave to go coach to his alma mater, Seaton Hall.
Speaker 1: For Carolina, it will be its twenty one final four
Speaker 1: and will now play arch rival Dukes sixteenth Final four
Speaker 1: for Kansas, who crushed Miami, will now take on Glanova.
Speaker 1: Met said their aces on a mound. Jacob Degraham three
Speaker 1: at names then Max jers Or for six together twelve strikeouts,
Speaker 1: and I met when the Yankees won. Although there he's
Speaker 1: Garrett Cole. You have a couple of home runs. John
Speaker 1: stash Award Bloomberg Sports, Nathan Okay, John, thanks right now.
Speaker 1: S and P futures are down three point, Staff futures
Speaker 1: up four, NASTAC futures down thirty four points. The tenure
Speaker 1: treasury is down seven thirty seconds. The yield two point
Speaker 1: five zero percent. Watching shares of Tesla, they're up nearly
Speaker 1: three percent. The electric carmaker says we'll ask shareholders to
Speaker 1: vote on more shares to enable the stock split. Just
Speaker 1: announced that on Twitter. Says the vote will come at
Speaker 1: this year's annual meeting. Stay with us. You're listening to
Speaker 1: Bloomberg Taper Bloomberg eleven three oh Weather partly sunny, breezy,
Speaker 1: mid thirties today, mostly sunny, breezy, near forty tomorrow mid
Speaker 1: forties with increasing clouds on Wednesday. Right now, twenty four
Speaker 1: degrees in Central Park markets, headlines and breaking news twenty
Speaker 1: four hours a day at Bloomberg dot Com, the Bloomberg
Speaker 1: Business apt and at Bloomberg Quick Tape. This is a
Speaker 1: Bloomberg Business Flash. But I'm Cameron Moscow. Sovereign balls are
Speaker 1: tumbling while European stocks are gaining. In US stock Index,
Speaker 1: futures are little changed as economic risks from inflation and
Speaker 1: tightening monetary policy hits sentiment. We checked the markets every
Speaker 1: fifteen minutes throughout the trading day on Bloomberg S and
Speaker 1: P Future is little change this morning, so we're down
Speaker 1: futures NASDACK futures down eighteen the decks in Germany's up
Speaker 1: one point seven percent, ten year treasury down six thirty seconds,
Speaker 1: the yeld two point four nine percent, and the yield
Speaker 1: on the two year two point three six percent. Checking
Speaker 1: the thirty year yield two point five nine percent. Nine
Speaker 1: Max Screte oil is falling this morning, down four points
Speaker 1: three percent on four dollars eighty eight cents at a
Speaker 1: hundred nine dollars two cents of barrel Brent also moving lower,
Speaker 1: down three point nine percent. It's at a hundred sixteen
Speaker 1: dollars and one cent of barrel comics. Gold is down
Speaker 1: one and a quarter percent, down twenty four dollars, twenty
Speaker 1: cents at one thousand, nine hundred thirty five dollars, sixty
Speaker 1: cents an ounce. The Euro this morning one point oh
Speaker 1: nine eight zero against the dollar, the British pound one
Speaker 1: point three one four three, the yen one twenty four
Speaker 1: point to eight. And checking bitcoin this morning, it's moving higher,
Speaker 1: up two point four percent. It's at forty seven thousand,
Speaker 1: two hundred thirty three dollars, and that's a Bloomberg business flash.
Speaker 1: Now here's Michael Barr with more on what's going on
Speaker 1: around the world. Michael, thank you very much. Karen, Ukrainian
Speaker 1: and Russian officials announced they have agreed to a new
Speaker 1: round of in person peace stalks to be held in Turkey.
Speaker 1: It comes as the White House walks back comments President
Speaker 1: Biden made about Vladimir Putin, saying this man cannot remain
Speaker 1: in power. Meanwhile, Ukraine President Zelinski accused the West of cowardice,
Speaker 1: while the northern top officials said Russia was trying to
Speaker 1: split the nation into like North and South Korea. It's
Speaker 1: the water cooler talk today. During last night's Academy Awards.
Speaker 1: Will Smith slapped Chris Rock on stage after the comedian
Speaker 1: made a joke about Smith's wife, Jada Pinkett Smith Smith
Speaker 1: Leader won the Best Actor Oscar Jessica Chastain won for
Speaker 1: Best Actress. Coda from the Apple streaming Service one for
Speaker 1: Best Picture, and as for Best Director, Jane Champion won
Speaker 1: that award for Power of the Dome. The final four
Speaker 1: set in the men's NZ Double A basketball Tournament, North
Speaker 1: Carolina plays due Kansas will face Villanova in the NBA.
Speaker 1: Kyrie Irving played his first home game of the season,
Speaker 1: but the Nets lost. The Nicks and Celtics won. The
Speaker 1: Wizards beat the Warriors. In the NHL, the Rangers won
Speaker 1: in ot over the Sabers five four. The Devil's won
Speaker 1: in the shoot out over the Canadiens three to The
Speaker 1: Islanders lost. Global News twenty four hours a day on
Speaker 1: air and on Bloomberg Quicktake, powered by more than twenty
Speaker 1: seven hundred journalists and analysts and more than one hundred
Speaker 1: twenty countries. I'm Michael Barr, and this is Bloomberg. Nathan Okay, Michael.
Speaker 1: Thanks at six twenty on Wall Straight Line from the
Speaker 1: Bloomberg interracted Broker Studios. This is Bloomberg Daybreak and we're
Speaker 1: joined now by Bloomberg Washington correspondent Amory Hordern with us
Speaker 1: live from Warsaw, where President Biden made some news at
Speaker 1: the end of his whirlwind trip to Europe aimed at
Speaker 1: shoring up support from allies in the war in Ukraine,
Speaker 1: but certainly not the news that the White House was
Speaker 1: looking for, obviously, and Marie, good morning. We're still talking
Speaker 1: about those nine were its that came at the end
Speaker 1: of what the President had hoped would be a historic
Speaker 1: speech in Warsaw. What is the potential fallout now from
Speaker 1: the President saying, for God's sake, this man, Vladimir Putin
Speaker 1: must not remain in power. Well, immediately after those words
Speaker 1: were spoken, we obviously saw the White House walking its
Speaker 1: back saying this is not a regime change policy. We
Speaker 1: also heard that from the Secretary of State Anthony Blanken,
Speaker 1: who's currently in Israel for some landmark a meeting. He
Speaker 1: was asked about this, and he said, the United States
Speaker 1: doesn't have a policy of regime change in Russia or
Speaker 1: in any country for that matter. And then the President
Speaker 1: himself was asked leaving church yesterday in Washington, d C. Sir,
Speaker 1: when you said this man president who change, not remanipold
Speaker 1: regime change. No, the issue is, and what you're hearing
Speaker 1: in Europe say is people taking note that they want
Speaker 1: to de escalate the situation and they're worried that that
Speaker 1: type of rhetoric would embolden the Kremlin, embolden their propaganda
Speaker 1: agenda inside the country, and that would escalate the conflict.
Speaker 1: So that's a situation now at the moment. I'm sure
Speaker 1: the President is going to be asked about this a
Speaker 1: number of times again this week, And yeah, we're gonna
Speaker 1: be hearing from the White House again this afternoon as
Speaker 1: they released the president's budget proposal, probably hoping for that
Speaker 1: to take some of the attention off this news. But Anne, Marie,
Speaker 1: this trip that the President made was aimed at showing
Speaker 1: that the US and NATO are more united than ever before.
Speaker 1: When you have now leaders in NATO walking themselves back
Speaker 1: from the president's remarks, does that sort of undermine the
Speaker 1: president's mission? I think it does in the short term. Right,
Speaker 1: you have a mind in Malcolm saying we shouldn't escalate
Speaker 1: with words or actions. You have Alf Scholt saying I
Speaker 1: have spoken to US President about this. There is no
Speaker 1: NATO a central policy of trying to have regime change.
Speaker 1: So in the short term, certainly this is all everyone
Speaker 1: to talk about. After days of diplomacy, after showing the
Speaker 1: United Front and Brussels, the president came here for a
Speaker 1: very fiery speech, and no one is even talking about
Speaker 1: as much the contents that we're in that speech as
Speaker 1: much as those final nine words before he thanked everyone.
Speaker 1: But we should know he did talk about NATO in
Speaker 1: that speech, and he got very dramatic at one point
Speaker 1: and said, don't even think of moving on one single
Speaker 1: inch of NATO territory, and that was met with applause
Speaker 1: from the royal caste of Warsaw, where you know, hundreds
Speaker 1: were gathered to give this speech, because you know, we
Speaker 1: are in Poland, and that is a country that is
Speaker 1: on the border of this war. Is the NATO country
Speaker 1: is a country that already close to the border there
Speaker 1: was missiles from Russia. So that is something that the
Speaker 1: Polish government and people wanted to hear. Uh And so
Speaker 1: in that sense there was his unity amongst NATO. But
Speaker 1: you're certainly right, Nathan, these these less work presidents said,
Speaker 1: is is overshadowing a lot of work that was done here.
Speaker 1: We only have about thirty seconds left here, Emory. What
Speaker 1: does this mean for negotiations as Ukraine and Russia gets
Speaker 1: set to hold talks again tomorrow in Turkey. Well, we
Speaker 1: should remember that Russia has always felt that the United
Speaker 1: States wanted to perpetrate regime change. In two thousand and
Speaker 1: eleven Puttin blame to the US for the protesters that
Speaker 1: were out on the streets for his twelve years of reigning.
Speaker 1: So I think the Kremlin for them this was not
Speaker 1: exactly news, but they just may use it against them.
Speaker 1: When it comes to the diplomacy talk, we should note
Speaker 1: nothing has changed on the ground, so we'll have to
Speaker 1: wait to see if anything can change. And you sit
Speaker 1: down and talk. Thank you for the updated Boomberg's Emory
Speaker 1: horduring with us this morning in Warsaw, Poland. Looking ahead
Speaker 1: to the market open this morning, little change as far
Speaker 1: as futures go, SMP futures are a little changed to
Speaker 1: the upside, Dow futures up nine points, NASAC futures down eleven.
Speaker 1: The ten year treasury is down four thirty seconds now
Speaker 1: with the yield just shy of two point four nine
Speaker 1: per cent yield on the two year two point three
Speaker 1: four Stay with us. You're listening to Bloomberg Daybreak. Bloomberg
Speaker 1: day Break is brought to you by ancient accountants and advisors.
Speaker 1: Challenging times call for proactive advisors who helped minimize taxes,
Speaker 1: increase cash flow, and create opportunities for the future of
Speaker 1: your business. To visit Ancient dot Com broadcasting live from
Speaker 1: the Bloomberg Interactive Broker's studio in New York. Bloomberg E
Speaker 1: Living Freedom to Washington, d C, Bloomberg On to Boston,
Speaker 1: Bloomberg one O six one to San Francisco, Bloomberg sixteen
Speaker 1: to the Country, Sirius XM to the one nine team,
Speaker 1: and around the globe the Bloomberg Business and Bloomberg Radio
Speaker 1: dot Com. This is Bloomberg Daybreak, six thirty on Wall Street.
Speaker 1: Good morning, I'm Nathan Hagar and I'm Karen Moscow, and
Speaker 1: we're just about three hours away from the open of
Speaker 1: US trading. Time for the five things you need to
Speaker 1: notice start your day. A brought to you by Interactive Brokers.
Speaker 1: Up First. Peace talks between Ukraine and Russia resume in
Speaker 1: Turkey this week, but that's being overshadowed by comments from
Speaker 1: President Biden over the weekend. He took aim at the
Speaker 1: leadership of Vladimir Putin. We'll have a different future of
Speaker 1: writer future rooting democracy in principle, open light, decency, indignitive,
Speaker 1: freedom of possibilities. For God's sake, this man cannot remain power.
Speaker 1: And those words are reverberating across Europe. This morning, the
Speaker 1: White House trying to clarify the president's remarks, saying he
Speaker 1: was not calling for regime changes in Russia. Well, critics
Speaker 1: say President Biden's comment is a boost for Putin. We
Speaker 1: get more from Bloomberg International Affairs reporter Mark Champion. The
Speaker 1: words of what they are, they are a gift to
Speaker 1: as and Putin, who has been arguing that this is
Speaker 1: not a war against Ukraine. It's an award to defend
Speaker 1: Russia against Western attempts to destroy Russia. So, you know,
Speaker 1: unfortunately it's a gift to him in propaganda terms. You know,
Speaker 1: when you have a leader who is now seen as
Speaker 1: somewhat isolated, paranoid in Moscow, it really doesn't help to
Speaker 1: suggest that that's the kind of thinking that is going
Speaker 1: on in Washington. Whether or not it is the public position.
Speaker 1: Bloomberg Smart Champion, says one White House officials, suggesting the
Speaker 1: president's remarks were influenced by stories of suffering he heard
Speaker 1: from Ukrainian refugees. Meantime, Nathan back in Washington, the White
Speaker 1: House releases its budget proposal today. It's expected to detail
Speaker 1: a billionaire minimum income tax, which would implement a minimum
Speaker 1: tax rate for households worth more than a hundred million dollars.
Speaker 1: That rate would hit both income and unrealized capital gains.
Speaker 1: Turning the markets now care in the steepest global bond
Speaker 1: route of the modern era, shows no signs of slowing.
Speaker 1: Ten year treasury yields of climbed past two and a
Speaker 1: half percent, yields on five year notes rose above those
Speaker 1: on thirty year bonds and inversion for those maturities for
Speaker 1: the first time since two thousand six. And we're seeing
Speaker 1: big moves in the Japanese end this morning, Nathan. That's
Speaker 1: after the Bank of Japan offered to buy an unlimited
Speaker 1: amount of for three straight days. It's the first time
Speaker 1: the central bank has made such a move. Checking the yen,
Speaker 1: it's trading at the weakest level in seven years at
Speaker 1: one twenty three point nine two against the dollar. And
Speaker 1: that's the five things you need to know to start
Speaker 1: your day, brought to you by Interactive Brokers. S ANDP
Speaker 1: futures are a little change to lower this morning down
Speaker 1: about four points down. Future is also little change Nasdack
Speaker 1: futures down to thirties three and the tenure Treasury down
Speaker 1: four thirties seconds yield two point for eight per cent.
Speaker 1: Trade to head your latest local headlines plus the check
Speaker 1: of sports. And this is Bloomberg six thirty three on
Speaker 1: Wall Street, twenty three degrees in Central Park, avoid the
Speaker 1: upper level. The George Washington Bridge delayser nearly an hour.
Speaker 1: Now I'll tell you why in traffic shortly. First, Michael
Speaker 1: Bars here with what else is going on in New
Speaker 1: York and around the world. Michael, good morning, Good morning, Nathan.
Speaker 1: The January sixth Panel says two ETS advisors to former
Speaker 1: President Donald Trump should be held in the contempt of
Speaker 1: Congress because they're withholding information that a House committee considers
Speaker 1: central to its investigation of events surrounding the attack on
Speaker 1: the US Capitol. The investigating committee says former White House
Speaker 1: Deputy Chief of Staff for Communications, Dan's Cavino and former
Speaker 1: Trade advisor Peter Navarro may have had advanced warning about
Speaker 1: the potential for violence. The panel will meet tonight. The
Speaker 1: Cinderella team of the n C Double A men's basketball
Speaker 1: tournament will still get a parade after being eliminated. St.
Speaker 1: Peter's University lost to North Carolina. The Peacocks made tournament
Speaker 1: history as the first fifteen seed to reach the Elite eight.
Speaker 1: Fans back home in Jersey City watched the game, sharing
Speaker 1: for how far the team advanced. We're gonna come back
Speaker 1: next season. We're gonna win next season, Jersey City Mayor
Speaker 1: Stephen Phullips said on Twitter. The city will also hold
Speaker 1: the keys to the city ceremony for the team. Pushed
Speaker 1: back from top Capitol Hill lawmakers following the announcement that
Speaker 1: the Veterans Administration plans to close dozens of v A
Speaker 1: hospitals and lenox across the country to build new facilities.
Speaker 1: Senate MA geority leader Chuck Schumer said he's urging to
Speaker 1: v A to rethink to plan hospital closures. We are
Speaker 1: gonna fight this proposal tooth and nail. We're gonna put
Speaker 1: a dagger through It's hard. It is not gonna see
Speaker 1: and we're here doing it now because we're gonna nip
Speaker 1: this in the button. Senator Schumer spoke alongside military veterans
Speaker 1: in New York. It's a moment that will be talked
Speaker 1: about in the history of the Academy Awards. Actor Will
Speaker 1: Smith slapped comedian Chris Rock on live television minutes before
Speaker 1: winning the Best Actor. Oscar rockead joked that Smith's wife,
Speaker 1: Jada Pinkett Smith, could be in the next g I.
Speaker 1: Jane movie, reference to her very short hair. She has
Speaker 1: alopecia disease, which causes hair loss. Smith addressed the incident
Speaker 1: during his acceptance speech for his role in King Richard
Speaker 1: and They're like crazy five And just like they said
Speaker 1: about Richard, Williams um, but love will make you do
Speaker 1: crazy things. Jessica chan Stain whe the Oscar for Best Actress.
Speaker 1: Apple's Coda one Best Picture. Global News twenty four hours
Speaker 1: a day on air and on Bloomberg Quittake, powered by
Speaker 1: more than seven hundred journalists and analyists in more than
Speaker 1: a hundred twenty countries. Michael Barr, this is Bloomberg, Nathan,
Speaker 1: Thank you, Michael. Almost six thirty six on Wall Street.
Speaker 1: Tim for the Bloomberg Sports update with John stennshown alright Nathan.
Speaker 1: The Nets waited about five months for Kyrie every to
Speaker 1: be allowed to play a home games by being unvaxed.
Speaker 1: He finally dead and he had one of his worst games,
Speaker 1: shot just six of twenty two, outplayed by Charlotte's young
Speaker 1: point guard LaMelo Ball has scored thirty three points. The
Speaker 1: Hornets beat the Nets in Milklan one ten. The Knicks
Speaker 1: blow one point lead but held on at Detroit and
Speaker 1: one oh four one oh two. Knicks have won six
Speaker 1: of their last eight road games that are home tonight
Speaker 1: for Chicago at the Garden. Last night, Rangers, in a
Speaker 1: back and forth game won five four and overtime of
Speaker 1: a Buffalo Jandre Miller. The game wont of two minutes
Speaker 1: into ot the Devil's wanted to shoot apt the Islanders lost.
Speaker 1: As we just heard the news, the Slipper no longer fits,
Speaker 1: but St. Peter's will be remembered for perhaps the greatest
Speaker 1: Cinderella running NC Double A tournament history. The coach of
Speaker 1: the Peak cocksud he In Holloway. No one gave a chancel,
Speaker 1: no one believed it, but the people are in the
Speaker 1: locker room and the people you know that's that's in
Speaker 1: not programmed Plow administration know us and and in May history,
Speaker 1: you know, they shocked the world. They you know, he
Speaker 1: got guys that's got to be remembered for things that
Speaker 1: they could tell their kids and grandkids. In Philly. St.
Speaker 1: Peter's lost by twenty in North Carolina, who will now
Speaker 1: face Duke at the Final four in New Orleans. It
Speaker 1: will be the two game between the arch rival and
Speaker 1: the first ever in the n C Double as Kansas
Speaker 1: will play Villanova. Yankees and Mets both one. Aaron Judge
Speaker 1: homer twice, and so did Francisco Lindor. He had home
Speaker 1: runs from both sides of the plate. The hottest golfer
Speaker 1: Scotty Sheeffler. He won the match play in Texas easily.
Speaker 1: He's won three of his last five tournaments, and Scotty
Speaker 1: Sheffler not ranked as the number one golfer in the world.
Speaker 1: John Snash at were Bloomberg Sports Nathan Okay, John, thanks
Speaker 1: six thirty seven on Wall Street Time. You take a
Speaker 1: look now it stacks some of the names moving in
Speaker 1: the pre market. For that. We're joined this morning by
Speaker 1: Bloomberg's Laura Right Laura, good morning. We've had a lot
Speaker 1: of moves involving Tesla this morning, a lot of headlines
Speaker 1: for sure. We have indeed twofold headlines for Tesla right now.
Speaker 1: The stock rallying almost five A tweet earlier this hour
Speaker 1: sent Tesla's share price surging. Tesla will ask shareholders to
Speaker 1: vote at this year's annual meeting in order to authorize
Speaker 1: additional shares in order to enable a stock split. Earlier
Speaker 1: this morning, Tesla shares were selling off in the pre
Speaker 1: market because Tesla's Shanghai factory will be closed for the
Speaker 1: next four days due to a two stage lockdown which
Speaker 1: is now taking place in Shanghai to conduct mass testing
Speaker 1: against COVID nineteen. We're seeing a real divergence between China's
Speaker 1: zero COVID policy and other developed markets which are considering
Speaker 1: COVID and endemic and this plant closure, well, that was
Speaker 1: significant because Shanghai makes half of Tesla's electric v calls
Speaker 1: and not only supports the wider Asia market, but also
Speaker 1: exports to Europe. And we've also gotten a lot of
Speaker 1: news this morning about Apple, not just the fact that
Speaker 1: they're they're big movie one Best Picture last night at
Speaker 1: the oscars. But there are some issues for Apple now
Speaker 1: with Covid still maintaining its script in China. Exactly, Apple
Speaker 1: trading down one in the pre market, and this morning
Speaker 1: a report from nick A Asia that Apple is going
Speaker 1: to reduce the output of iPhones and apples this year
Speaker 1: due to growing uncertainties surrounding the war in Ukraine, the
Speaker 1: headwind of looming inflation and as you say, rolling lockdowns
Speaker 1: in China. So and also in European markets, you have
Speaker 1: to remember we are experiencing a cost of living crisis,
Speaker 1: higher energy prices and CPI for the Eurozone is expected
Speaker 1: to be the highest level since the inception of the
Speaker 1: Euro when it comes out this Friday, and keeping it
Speaker 1: in Asia this morning, I see your watching US casino
Speaker 1: of stocks with exposure to Macau. What's happening there? I
Speaker 1: am indeed so names such as Las Vegas Sands, Melco
Speaker 1: Resorts and Entertainment Win Resorts MGM Resorts. So there's not
Speaker 1: enough volume right now to see pre market moves. But
Speaker 1: due to the lockdown in Shanghai, investors are concerned that
Speaker 1: we will see less mainland visits to those casino companies
Speaker 1: in Macau. All right, So we'll be keeping an eye
Speaker 1: on that as the market opens as well. Bloomberg's lore right,
Speaker 1: thanks for keeping us up to speed on what's happening
Speaker 1: in the pre market and as we take a look
Speaker 1: at stocks as a whole before the open on Wall
Speaker 1: Street on this Monday morning. Little change as far as
Speaker 1: the futures go right now. S and P futures are
Speaker 1: down a point and a half down, futures up four points,
Speaker 1: NASTAC futures lower by twenty three points. That's a drop
Speaker 1: of about two tenths percent. The big actions happening in Europe,
Speaker 1: with Germany's decks up one point seven percent and the
Speaker 1: CAC in Paris higher by one and a half percent
Speaker 1: right now. Lots of action in the bond market as well,
Speaker 1: with a ten year down four thirty seconds, the yield
Speaker 1: two point four eight percent. At one point in the
Speaker 1: overnight the tenure breached two and a half percent, yield
Speaker 1: on the two years at two point three four and
Speaker 1: nime X crew continues it's to climb down four and
Speaker 1: a quarter percent at a hundred nine dollars four cents
Speaker 1: of barrel. You're listening to Bloomberg Daybreak, Bloomberg eleven three
Speaker 1: oh weather partly sunny, breezy, mid thirties today, mostly sunny,
Speaker 1: breezy with a high near forty. Tomorrow we'll get to
Speaker 1: the mid forties with increasing clouds by Wednesday. Right now
Speaker 1: twenty three in Central Park Markets, headlines and breaking news
Speaker 1: twenty four hours a day at Bloomberg dot Com, The
Speaker 1: Bloomberg Business at and at Bloomberg Quick Take, She's a
Speaker 1: Bloomberg Business Flash and I'm Karen most Tawie and p.
Speaker 1: Futures are a little change this morning, we get to
Speaker 1: the first word breaking news dance for today's morning call.
Speaker 1: And here Bill Maloney, Bill, good morning, and good morning Karen.
Speaker 1: That's right. US futures are quiet right now. Down futures
Speaker 1: hired by eighteen points, SUPs gaining point one nasdack futures
Speaker 1: are lower by twelve. The US a ten year old
Speaker 1: at two point four nine percent. Gold is down twenty five.
Speaker 1: Oil is also under pressure, but bitcoin is up like
Speaker 1: two point four percent. Hong Kong rose one point three
Speaker 1: percent overnight, while up markets are also in the green,
Speaker 1: led by games in Germany and Italy. Back in the US,
Speaker 1: on the economic Fronday thirty, hostel inventories and A ten
Speaker 1: thirty the Dallas Fed. In other news, Tesla's up four
Speaker 1: percent premarket pre market on the report they plan to
Speaker 1: seek approval on another stock split, and Apple is lower
Speaker 1: pre market on the report of an iPhone production cut.
Speaker 1: Wrapping things up, micro Chip was cut to neutral Gooleman Sacks,
Speaker 1: Deer raised to neutral at JP Morgan Bank of Marker
Speaker 1: was raised to equate up Morgan Stanley, and all Trio
Speaker 1: was cut to sector perform At RBC Live from the
Speaker 1: first to Breaking news desk on Bill Maloney cameral Alright, Bill,
Speaker 1: thank you to hear live breaking news over here at
Speaker 1: Bloomberg Times. Squawk on your terminal, ascue you a w
Speaker 1: K and that's a Bloomberg Business Flash. Now here's Michael
Speaker 1: bar with Moore on what's going on around the world. Michael,
Speaker 1: thank you very much, Karen. President Joe Biden sought to
Speaker 1: clarify his call for the removal of Vladimir Prutent. Biden
Speaker 1: says he wasn't seeking regime change after European allies raised
Speaker 1: concern and critics said that he was further inflaming tension
Speaker 1: with Russia. At the Academy Awards, actor Will Smith slap
Speaker 1: comedian Chris Rock on Live TV. Minutes before winning the
Speaker 1: Best Actor, Oscar Smith took offense after Rock made a
Speaker 1: joke about Smith's wife, Jada Pinkett. Smith Jessica Chastain and
Speaker 1: won for Best Actress. Apple's Coda is the first streaming
Speaker 1: film to win Best Picture. The Final four is set
Speaker 1: in the Men's NZ Double A basketball tournament. North Carolina
Speaker 1: plays Duke Kansas will face Villanova in the NBA. Kyrie
Speaker 1: Irving played his first home game of the season, but
Speaker 1: the Nets lost the Knicks and Celtics won. The Wizards
Speaker 1: beat the Warriors in the NHL. The Rangers won in
Speaker 1: ot over the Sabers. The Devil's won in his Now
Speaker 1: over the Canadiens. The Islanders lost. Global news twenty four
Speaker 1: hours a day on air and on Bloomberg Quick Thick,
Speaker 1: powered by more than seven hundred journalist antalyist in more
Speaker 1: than one twenty countries. Not Michael bar and this is Bloomberg. Karen,
Speaker 1: all right, Michael, thank you, And it is six forty
Speaker 1: nine on Wall Street. We turned to news and science
Speaker 1: and technology now at the Bloomberg and j I t
Speaker 1: Stem Report. It is brought to you by New Jersey
Speaker 1: Institute of Technology n j i T makes industry ready
Speaker 1: engineers and more than twenty fields. If it's engineering, it's
Speaker 1: at n j i T. Learn more at n j
Speaker 1: i T dot, E d U and now here's just
Speaker 1: making news. In science, technology, engineering, and math. A second
Speaker 1: COVID nineteen vaccine booster could soon be authorized for older adults.
Speaker 1: The New York Times reports emergency use authorization is expected
Speaker 1: to come this week. The second vaccine booster would essentially
Speaker 1: be a fourth dose of the Fiser and Maderna m
Speaker 1: RNA vaccines, But on Russian health, climate scientists worry how
Speaker 1: they'll keep up with their important work of documenting warming
Speaker 1: in the Arctic. Postcold War. Bridge building through science is
Speaker 1: unraveling as Western nations seek to punish and isolate the
Speaker 1: Kremlin because of the invasion by drying up support for
Speaker 1: scientific programs involving Russia. The costs of this decompling, scientists say,
Speaker 1: could be high on both sides. Tackling climate change and
Speaker 1: their problems will be tougher without collaboration and time will
Speaker 1: be lost. And scientists have figured out why vampire bats
Speaker 1: are the only mammals that can survive on a diet
Speaker 1: of just blood. They compared the genome of common vampire
Speaker 1: bats to twenty six of their bats species and identified
Speaker 1: thirteen genes that are missing or no longer work in
Speaker 1: vampire bats over the years. Those gene tweaks help them
Speaker 1: adapt to a blood diet rich in iron and protein,
Speaker 1: but with minimal fats or carbohydrates. And the findings are
Speaker 1: in the journal Science Advances. That's the Bloomberg and j. I. T.
Speaker 1: Stem Report, Nathan, if only Bram Stoker had known. Thank you, Karen.
Speaker 1: Six fifty one on Wall Street, We are live from
Speaker 1: the Bloomberg Interact Broker's Studios time out to check what's
Speaker 1: going on in d C. Some of the top stories
Speaker 1: in our nation's capital include the Biden administration in cleanup
Speaker 1: mode after the president's apparent ad lib in warsaw that
Speaker 1: Vladimir Putin must not remain in power. What we all
Speaker 1: agree on is that President Putin cannot be empowered to
Speaker 1: wage war. US Ambassador to NATO Julianne Smith tells Fox
Speaker 1: News Sunday, the President was not calling for regime change.
Speaker 1: He has attacked Ukraine in a premeditated, unprovoked conflict and
Speaker 1: is pursuing this relentless and brutal war in Ukraine, which
Speaker 1: we all want to see come to an end. The
Speaker 1: Republican Senator Rob Portman tells NBC's Meet the Press, the
Speaker 1: President's line plays into Russian propagandists stands clarity is incredibly important,
Speaker 1: and we may to be sure that we are also
Speaker 1: clear with our NATO allies, because that's how we are stronger.
Speaker 1: Also making news, Justice Clarence Thomas facing calls to recuse
Speaker 1: himself from January six cases after his wife Jenny reportedly
Speaker 1: texted White House Chief of Staff Mark Meadows about overturning
Speaker 1: the election. Democratic Senator Amy Klobisher was on ABC's This Week,
Speaker 1: not only should he recuse himself, but the Supreme Court
Speaker 1: badly needs ethics rules. Chris Murphy's leading a bill I've
Speaker 1: long been on supportive of that says basically, get your
Speaker 1: act together, get ethics rules in place. This week, Meet
Speaker 1: the Press in Fox News Sunday. Can all be heard
Speaker 1: every Sunday on Bloomberg Radio and for more. On this
Speaker 1: Monday morning, we're joined by Bloomberg Government reporter Emily Wilkins.
Speaker 1: As we're still talking about the President's apparent off the
Speaker 1: cuff from Mark in Warsaw Emily. What is the concerned
Speaker 1: level at the White House about the President's speech on Saturday. Well,
Speaker 1: I mean the speech is one thing that was the
Speaker 1: off the cuff from Mark at the end that has
Speaker 1: really concerned not only those in the US, those within government,
Speaker 1: but also allies to the US. We've heard allies in
Speaker 1: France and in the UK come out with concerns. French
Speaker 1: President m crone said that they shouldn't escalate with words
Speaker 1: or with actions, and that is the concern of what
Speaker 1: Biden has done here. Now the White House has tried
Speaker 1: to come out and you know, really walk this back.
Speaker 1: We heard Secretary of State Anthony Blinken say that Biden's
Speaker 1: off the cuff from Mark was a reference to Putin's
Speaker 1: power and ability to invade other countries, and that they
Speaker 1: were not calling for a regime change. But this just
Speaker 1: really speaks to sort of how delicate the situation is
Speaker 1: between Russia, Ukraine and other nations, and just how little
Speaker 1: willingness there is at this point to escalate beyond the
Speaker 1: current situation. There's also been some suggestion that Biden, just
Speaker 1: after being in Poland, after talking with refugees, was in
Speaker 1: a pretty emotional state when he did speak. Um, but
Speaker 1: of of you know, of course, this is something the
Speaker 1: White House is going to be dealing with going forward.
Speaker 1: How much is the White House going to be dealing
Speaker 1: with this? They've we've heard the walk back from a
Speaker 1: number of Biden administration officials. Are we hearing about any
Speaker 1: further outreach to allies or even to Russia about trying
Speaker 1: to smooth this over. There's definitely been some discussion about
Speaker 1: making sure that staffers are reaching out to their counterparts
Speaker 1: in other nations, really making sure that they're clarifying where
Speaker 1: the US stands on this. And you know, this really
Speaker 1: could be a big problem for President Biden. A poll
Speaker 1: that came out this weekend showed that some seventy of
Speaker 1: Americans have a limited or little confidence in Biden's handling
Speaker 1: of the Ukraine War, and so to had not have
Speaker 1: that confidence behind him could really open the president up
Speaker 1: to more attacks and concerns from those inside his party,
Speaker 1: uh and out and outside. Really. I mean, at this point,
Speaker 1: we've seen a lot of Republicans kind of try to
Speaker 1: remain united behind President Biden to you know, be supportive
Speaker 1: of his efforts. But we are seeing some Republican lawmakers
Speaker 1: over the weekend now really raised concerns about Biden's remarks,
Speaker 1: and you know, sort of indicate that this combined up
Speaker 1: being a larger problem for the US. Now, of course,
Speaker 1: President wants to turn his attention back to his domestic agenda.
Speaker 1: He's releasing his budget proposal for the next fiscal year
Speaker 1: later on this afternoon. We've got some idea of what's
Speaker 1: in it. Can you sort of break things down for us? Yeah,
Speaker 1: So this is a budget that's very much aimed at
Speaker 1: certain the more moderate members of the Democratic Party, including
Speaker 1: fiscal hawks. That includes a one trillion dollar reduction in
Speaker 1: deficit spending for the coming decade. A lot of that
Speaker 1: will actually come from a new proposed tax twenty minimum
Speaker 1: tax on the income and unrealized capital themes of households
Speaker 1: worth more than a hundred million. The administration's pitching this
Speaker 1: as a billionaire minimum income tax and estimates that it
Speaker 1: would generate three hundred sixty billion dollars in new revenue
Speaker 1: over the next decade. The budget also includes one of
Speaker 1: the largest investments in national security in US history, at
Speaker 1: four percent increase from this year, and just to be
Speaker 1: cleared to Athan I mean, the key word for this
Speaker 1: whole thing is proposal. The White House goal send the
Speaker 1: proposal to Congress, and Congress usually says this is very nice,
Speaker 1: Mr President, thank you very much, but they wind up
Speaker 1: doing their own thing, all right. Bloomberg Government reporter Emily Wilkins,
Speaker 1: and we will be bringing you the president's remarks as
Speaker 1: he releases his budget later on this afternoon. So stay
Speaker 1: with Bloomberg Radio, Karen very Nathan, thank you at A
Speaker 1: six fifty six on Wall Street. This is Bloomberg Daybreak.
Speaker 1: March is Women's History Month, and every day this month
Speaker 1: we are celebrating significant moments in women's history. Now, if
Speaker 1: your installment for March twenty eight, here's Bloomberg's reny to
Speaker 1: young on this day in women's history. In nineteen seventeen,
Speaker 1: the Women's Army Auxiliary Corps was established. It was renamed
Speaker 1: Queen Mary's Army Auxiliary Corps in nineteen eighteen, and just
Speaker 1: a few years earlier, the mere suggestion of women in
Speaker 1: the army would have been considered ridiculous by the British
Speaker 1: War Office. As far as the British military was concerned,
Speaker 1: the only military role that was suitable for women was nursing.
Speaker 1: But in nineteen seventeen, there was a huge step back
Speaker 1: from that mindset. When World War One was declared in
Speaker 1: nineteen four team women formed long lines at labor exchanges
Speaker 1: to volunteer for whatever roles that were available related to
Speaker 1: the war. Coupled with Britain facing a major manpower shortage
Speaker 1: two years later and several movements, women finally got an
Speaker 1: opportunity to work alongside men soon after. That's today in
Speaker 1: women's history. I'm we need a young Bloomberg radio. All right,
Speaker 1: we need to thank you again. U S and P
Speaker 1: futures are little change this morning. Dow futures little changed
Speaker 1: as well, and Nounceday futures lower down about twenty three points.
Speaker 1: A ten year treasury down six thirties seconds, yield two
Speaker 1: point for nine percent, and the yield down that two
Speaker 1: year is at two point three four percent. Bloomberg surveillance
Speaker 1: is straight ahead. For Nathan Hagar, I'm Karen Moscow and
Speaker 1: this is Bloomberg