Speaker 1: Five from the Bloomberg Interact. Dave Brooker Studios. Is is is
Speaker 1: Bloomberg Daybreak for Friday, April late. Coming up to sour
Speaker 1: economic pressure ratchets up on Russia. We are live in
Speaker 1: Europe with the latest. Jenny Yellen's push for a global
Speaker 1: tax agreement suffers a setback. The war hits food supply
Speaker 1: as prices serge at the fastest pace ever, and Elon
Speaker 1: Musk is set to address the staff at Twitter after
Speaker 1: taking a stake in the company. New York lawmakers struck
Speaker 1: a two hundred twenty billion dollar budget deal. Plus today
Speaker 1: President Bike will celebrate future Supreme Court Justice Jackson. Michael
Speaker 1: barn Or Ahead, I'm John stashdown towards the season opening
Speaker 1: win for the Mets, A big win for the Rangers,
Speaker 1: and they'll play the second round of the Masters today.
Speaker 1: That's all straight Ahead on Bloomberg Daybreak on Bloomberg eleven,
Speaker 1: Free on New York, Bloomberg one, Washington, d C, Bloomberg
Speaker 1: one O six one, Boston, Bloomberg nine sixties, San Francisco,
Speaker 1: Sirius x M one nineteen and around the world on
Speaker 1: Bloomberg Radio dot com and via the Bloomberg Business Act.
Speaker 1: Good morning. I'm Nathan Hagar and I'm Karen. Moscow and
Speaker 1: US Dock Index futures are higher to end the week.
Speaker 1: We're coming up to six oh one on Wall Street,
Speaker 1: and we checked the markets every fifteen minutes throughout the
Speaker 1: trading day. On Bloomberg S and P futures up about
Speaker 1: ten points, Dow futures up ninety six, Nasadack future is
Speaker 1: up thirty two, the ten year treasury down four thirty seconds,
Speaker 1: held two point six seven percent. They yield on the
Speaker 1: two year two point five one percent, and NIMEX screwed
Speaker 1: oil is up nine ten percent at ninety six dollars
Speaker 1: five cents a barrel. Nathan, all right, Karen, we'll have
Speaker 1: more on the markets in a minute. First, the latest
Speaker 1: on the war Ukraine says dozens of civilians have been
Speaker 1: killed in a Russian attack on a railway station in Dennette.
Speaker 1: Russia denies it. Meantime, the un A General Assembly has
Speaker 1: voted to suspend Russia from the Human Rights Council, and
Speaker 1: that's just the first step, Bloomberg said. Baxter reports. Secretary
Speaker 1: of State Antony Blanken says exactly the right move. When
Speaker 1: US Ambassador the U N Lynda. Thomas Greenfield says, the
Speaker 1: body must proceed with investigation and punishment. It's about the
Speaker 1: credibility of the U n Right now, the world is
Speaker 1: looking to us. They're asking if the United Nations is
Speaker 1: prepared to meet this moment. Greenfield calls it an historic
Speaker 1: moment with work left to be done. In San Francisco,
Speaker 1: I'm at Baxter Bloomberg Daybreak. All right, and thank you well.
Speaker 1: For the first time, the European Union has now targeted
Speaker 1: Russia's crucial energy revenues. We go live to London and
Speaker 1: get the latest at Bloomberg's Max Ramsey, Good morning, Max,
Speaker 1: Morning to you, Karen and Nathan. Yes, the European Union
Speaker 1: has banned co imports from Russia. As you say, this
Speaker 1: is a significant step. It's the first move targeting energy
Speaker 1: revenue from the European Union the sanctions. The sanctions package
Speaker 1: also includes a preventions on Russian trucks and ships from
Speaker 1: entering the EU it Previously there were no sanctions on energy.
Speaker 1: Germany hungry among those blocking this move given their reliance
Speaker 1: on Russian fossil fuels. Now some members want to go
Speaker 1: further and want more measures on Russian energy imports. And
Speaker 1: oil in particular, Live in London, Max Ramsey, Bloomberg Daybreak. Okay, Max, thanks,
Speaker 1: So many analysts think energy sanctions will put more pressure
Speaker 1: on Vladimir Putin. Tigar Shamali is a former policy advisor
Speaker 1: in the Treasury Department Sanctions Division. The language he understands
Speaker 1: the most is the threat of military force, and so
Speaker 1: I don't want to equate the threat of sanctions to
Speaker 1: the threat of military force when it comes to changing
Speaker 1: his behavior and compelling him to negotiate um. But it
Speaker 1: helps further the pressure and it helps most importantly limit
Speaker 1: his ability to finance his violence machine. Former Treasury advisor
Speaker 1: Hugar Shamali was a guest on Bloomberg Sound On. You
Speaker 1: can catch the program weekdays at five pm Eastern on
Speaker 1: Bloomberg Radio. Meantime, Nathan, the war in Ukraine is having
Speaker 1: a major impact on the cost of food. Global food
Speaker 1: prices are searching at the fastest pace ever as the
Speaker 1: war rates, havoc on supply chains and the Black Sea
Speaker 1: region that sent food prices to were record But the
Speaker 1: United Nations index at World costs storing last month, and
Speaker 1: we have more economic news this morning, caring as several
Speaker 1: feed officials weigh in on policy. St. Louis President Jim
Speaker 1: Bullard says he favors raising interest rates sharply to counter
Speaker 1: the highest inflation in four decades. This Taylor rule calculation
Speaker 1: is telling us that where we should be in a
Speaker 1: minimal under minimal assumptions, very generous assumptions. It's saying you
Speaker 1: should be a three and a half percent, where we
Speaker 1: actually only one third of one percent, or thirty seven
Speaker 1: and a half basis points. So you're too low by
Speaker 1: about three basis points. St. Louis Fed President Jim Bullard
Speaker 1: suggesting he backs the fifty basis point hike in May. However,
Speaker 1: Atlanta's Raphael Bostick supports increases more in line with the
Speaker 1: path laid out by the FEDS projections or dot plot.
Speaker 1: I think it's fully appropriate that we move our policy
Speaker 1: UH closer to a neutral position, but I think we
Speaker 1: need to do it in a measured way. Atlanta Fed
Speaker 1: President Raphael Bostick is a voter this year on the
Speaker 1: rate setting f o MC. Meantime, Nathan FED meetings could
Speaker 1: see some new faces on the way. Senate Banking Chairman
Speaker 1: Sheared Brown says he expects votes by the full Chamber
Speaker 1: on President Biden's for FED board nominees later this month.
Speaker 1: To get the details from Bloomberg's Charlie Pellett. He thinks
Speaker 1: that will happen after the Senate's two week break. The
Speaker 1: Ohio Democrats said he also hopes Biden will have nominated
Speaker 1: a new vice chair of supervision by then. Brown said
Speaker 1: he expects Lisa Cook, a pick for FED governor or
Speaker 1: Lele brainer nominated as vice chair, to be the first
Speaker 1: to be confirmed. Republicans have lined up in opposition to Cook,
Speaker 1: but four Republicans back Brainerd in the Banking Committee in
Speaker 1: New York. Charlie Bloomberg Day Break. All right, Charlie, thank you.
Speaker 1: At the Treasury Department this morning, there may be a
Speaker 1: setback for Janet Yellin's push for a global tax agreement.
Speaker 1: Let's get the latest on that live from Bloomberg's John Tucker,
Speaker 1: John Nathan. It looks like big business is not backing
Speaker 1: the plan. Executives at eight major US based multinational corporations
Speaker 1: interviewed Black Bloomberg said that forn't too much remains unknown
Speaker 1: about the deal. Transit Secretary Yelling counting on their support,
Speaker 1: which could be critical to help win passage in Congress.
Speaker 1: Corporate leaders agree the groundbreaking global deal that Yelling secured
Speaker 1: last year could deliver important benefits by helping to reduce
Speaker 1: disputes and prevent trade wars, but they also called the
Speaker 1: plan overly complex. Live in New York, I'm John Tucker,
Speaker 1: Bloomberg Daybreak. All right, John, thank you about turning to
Speaker 1: corporate news. Now it's all about Twitter again this morning,
Speaker 1: just days after announcing a stake in the company, Elon
Speaker 1: Musk is reportedly set to address the staff, and we
Speaker 1: get the details live from Bloomberg's or need a young
Speaker 1: good morning Ready down, Good morning, Karen. Twitter is planning
Speaker 1: to host Elon Musk for a qu a day session
Speaker 1: with employees. That's according to company messages obtained by The
Speaker 1: Washington Post, which says there are internal outcries over Musk's
Speaker 1: appointment to Twitter's board of directors. Town hall meetings like
Speaker 1: this they're not new to Silicon Valley, but it's rare
Speaker 1: to host a board member at one. Twitter is hoping
Speaker 1: to calm any anxiety workers have about Musk's impact on
Speaker 1: company culture by giving them the chance to ask him anything.
Speaker 1: Live in New York. I'm Renita young Bloomberg daybreak. Okay,
Speaker 1: we need to thank you. SMP futures now up ten points,
Speaker 1: Stafle futures up nine, Nasdaq futures up thirty four points
Speaker 1: in the tenure treasury yield two point six seven percent.
Speaker 1: Local headlines next, plus a check of sports. This is Bloomberg.
Speaker 1: It sounds six so seven on Wall Street where forty
Speaker 1: nine degrees in Central Park. We got an accident on
Speaker 1: northbound FDR Drive at seventy nine. More coming up in traffic. First,
Speaker 1: Michael Barr with what else is going on in New
Speaker 1: York and around the world. Michael, thank you very much, Nathan.
Speaker 1: New York Governor Kathy Hokel and legislative leaders struck a
Speaker 1: two hundred twenty billion dollar budget deal that promises a
Speaker 1: little less pain at the pump, help for working parents,
Speaker 1: and new tax breaks. It is balanced and appairs a
Speaker 1: bold vision with a fiscally responsible approach. Very important to me.
Speaker 1: We are making historic investments that will make different people's
Speaker 1: lives right now, but also more portly. These are legacy
Speaker 1: achievements to be noted for years to come. Governor Hokel
Speaker 1: says the budget includes a two point two billion dollar
Speaker 1: homeowner tax rebate. It also has a six month suspension
Speaker 1: of the state's fuel tax and two seven million dollars
Speaker 1: in child tax credits. Former Governor Andrew cuomoms the key
Speaker 1: deadlined amount of challenge against Governor Cathy Ocle in this
Speaker 1: year's New York Democratic primary. Prospective candidates had until five
Speaker 1: pm yesterday to electronically file fifteen thousand signatures necessary to
Speaker 1: achieve a place on the Democratic primary ballot. Manhattan District
Speaker 1: Attorney Alvin Bragg says a criminal investigation and to former
Speaker 1: President Donald Trump and his business practices is continuing despite
Speaker 1: a recent shakeup in the probe's leadership. It was part
Speaker 1: of a double dose of bad legal news for Trump.
Speaker 1: New York's Attorney General wrote Letitia James also asked a
Speaker 1: court to hold Trump in contempt and find him ten
Speaker 1: thousand dollars per day for failing to comply with the
Speaker 1: subpoeni enough for documents in her ongoing civil investigation. President
Speaker 1: Joe Biden today will celebrate the confirmation of Judge Katangi
Speaker 1: Brown Jackson to the Supreme Court. Vice President Kamala Harris
Speaker 1: says she was honored to preside over the Senate for
Speaker 1: yesterday's confirmation vote. The Senate approved Judge Jackson in a
Speaker 1: fifty three seven vote, making her the first black woman
Speaker 1: to serve as a Supreme Court justice. What a glorious day.
Speaker 1: In the evening, it is, what holiest day. Vice President
Speaker 1: Harris spoke during an event at the National Art Gallery
Speaker 1: last night. One person who can't be at today's celebration
Speaker 1: is how speaker Nancy Pelosi. She tested positive for COVID yesterday.
Speaker 1: The test came less than twenty four hours after she
Speaker 1: was standing next to President Biden for bill signing. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quick Take, powered by more than under journalists and
Speaker 1: analysts more than a d twenty countries. I'm Michael bar
Speaker 1: This is Bloomberg. Nathan. All right, Michael, Thanks six o
Speaker 1: nine on Wall Street. Time for the Bloomberg Sports Update
Speaker 1: with John Stenshaw. All right, Nathan. Since nineteen seven eight,
Speaker 1: the Mets the only one in the World Series once.
Speaker 1: But what they have done over the last fifty three
Speaker 1: years is being dominant on opening day, an incredible record
Speaker 1: of forty and thirteen. It was five one in Washington.
Speaker 1: Tyler McGill a surprise opening day starter held five score
Speaker 1: of sitnings. Eight of the nine METS starters had hits.
Speaker 1: Robinson Canoe had two, so did Peter Alonso and Marc Anna.
Speaker 1: Tonight in d C, it's Max Scherzer's METS debut, facing
Speaker 1: his old team who at the Skies now clear Yankees
Speaker 1: and Red Sox set to open their seasons today at
Speaker 1: the Stadium. Garrett cole versus Nasa. Evaldi also this afternoon
Speaker 1: round two of the Master's Tangier Woods as a late
Speaker 1: DA time which gives him a chance to recover from
Speaker 1: his first competitive round in a year and a half.
Speaker 1: It was a very impressive one oh one under par seven.
Speaker 1: You want to play this golf course and to do
Speaker 1: what I did today to make the to hit the
Speaker 1: shufts in the right spotting line. I know where to
Speaker 1: hit it to a lot of these pins and I'm
Speaker 1: missing the correct spots and give myself good ankle. And
Speaker 1: I did that all day and I was able to
Speaker 1: make a few puts and end up in the red.
Speaker 1: Luck I am right now. Year old Korean Sun Jam
Speaker 1: shot sixty seven. He's got a one shot lead on
Speaker 1: the aussee. Cameron Smith hourly updates on Bloomberg Radio The
Speaker 1: Master's Tonight wrap up show with eleven. If the NHL
Speaker 1: season and and out, the Rangers would face Pittsburgh opening
Speaker 1: around of the playoffs. They just met the Penguins three
Speaker 1: times over the last two weeks and one all three.
Speaker 1: It was three nothing at the Guard with Igor sister
Speaker 1: Can making thirty says for his fourth shutout. First in January,
Speaker 1: Devils lost in Montreal seven to four. Final weekend of
Speaker 1: the NBA regular season. The nixed closed out tonight in
Speaker 1: Washingtonton and then Sunday against Toronto. Nets have home games
Speaker 1: tomorrow and Sunday versus Cleveland and Indiana. Johns Bloomberg Sports Nation, Okay, John,
Speaker 1: thanks right now. S and p futures are up eleven
Speaker 1: points down futures up a hundred seven nanstack futures are
Speaker 1: higher by thirty eight points. The tenure treasury down to
Speaker 1: thirty seconds. The yield two point six six yield on
Speaker 1: the two year two point five zero percent. The latest
Speaker 1: on the war and pressure on rush at next will
Speaker 1: be checking in with Greg Valier of a GF. This
Speaker 1: is Bloomberg. The Bloomberg Gay Break is brought to you
Speaker 1: by the Jewish Communal Fund j c F S donor
Speaker 1: advised fund is the smart choice to manage your philanthropy,
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Speaker 1: that j c F n Y dot org markets headlines
Speaker 1: and breaking news twenty four hours a day at Bloomberg
Speaker 1: dot com, the Bloomberg Business at and at Bloomberg Quick Tape.
Speaker 1: This is a Bloomberg Business flash and I'm Karen Moscow
Speaker 1: stops ending the week on a positive note, with European
Speaker 1: equity snapping two days at a client sparked by the
Speaker 1: federal reserves plan for aggressive monetary policy tightening, and US
Speaker 1: stock index futures on the rise. We checked the markets
Speaker 1: every fifteen minutes throughout the trading day on Bloomberg s
Speaker 1: and P futures up six points down, futures up eight,
Speaker 1: nasday futures up four t and the decks in Germany's
Speaker 1: up one point two percent ten. Your treasury down three
Speaker 1: thirties seconds, yield two point six seven percent, The yield
Speaker 1: on a two year two point five zero percent. Nine
Speaker 1: max Screwed oil is up one percent or ninety seven
Speaker 1: cents at ninety seven dollars of Barrel Comic School that
Speaker 1: will change at nineteen thirty seven. Announce the Euro one
Speaker 1: eight seven seven against the dollar, British pound one point
Speaker 1: three zero five zero and again is at one twenty
Speaker 1: four point oh seven and Bitcoin lower down a tenth
Speaker 1: of a percent at forty three thousand, five d thirty dollars.
Speaker 1: That's a Bloomberg Business flash. Now here's Michael Barr with
Speaker 1: more on what's going on around the world. Muchael Karen,
Speaker 1: thank you very much. The UN General Assembly voted to
Speaker 1: suspend Russia from the organization's leading human rights body over
Speaker 1: allegations of which prosody is in Ukraine. Meanwhile, European Union
Speaker 1: countries agreed to ban coal imports from Russia. President Biden
Speaker 1: behold a ceremony today for Katangi Brown Jackson, who was
Speaker 1: confirmed to the Supreme Court yesterday. In golf at the
Speaker 1: Master's Sun, j M leads the field after round one
Speaker 1: with five under. Tiger Woods has four shots back from
Speaker 1: the lead. Stay tuned for updates every hour on Bloomberg
Speaker 1: Radio and a special edition of Masters Tonight coming up
Speaker 1: at eleven pm Eastern. In Major League Baseball, the Mets
Speaker 1: beat the Nationals five one, and their opener the Yankees
Speaker 1: host the Red Sox today after yesterday's scheduled opener was
Speaker 1: postponed because of rain. In the NHL, the Rangers won
Speaker 1: the Devil's Lost. Global News twenty four hours a day
Speaker 1: on air and on Bloomberg Quicktake, powered by more than
Speaker 1: twenty seven hundred journalists and analysts more than a hundred
Speaker 1: twenty countries. I'm Michael Barr, and this is Bloomberg. Nathan. Okay, Michael. Thanks.
Speaker 1: It is six nineteen on Wall Street Live from the
Speaker 1: Bloomberg Interactive Broker Studios. This is Bloomberg Daybreak, and we're
Speaker 1: joined now by Greg Valier, or, chief US policy strategist
Speaker 1: at a GF Investments, as we continue following developments in
Speaker 1: the war in Ukraine. Greg, good morning. Of course, we've
Speaker 1: seen the apparent atrocities in northern Ukraine and now as
Speaker 1: Russia moves east, Ukraine is accusing the England forces of
Speaker 1: rocket attacks that have left maybe thirty civilians dead in
Speaker 1: a railway station where civilians were trying to evacuate. The
Speaker 1: Russia's denying this, but if it turns out to be
Speaker 1: the case, what does this tell you about where this
Speaker 1: war is going from here? Well, it's increasingly ugly obviously, Nathan,
Speaker 1: and I think it will stay that way for a while.
Speaker 1: But let me disagree. If I might this morning with
Speaker 1: the conventional wisdom that don Bass and Eastern Ukraine will
Speaker 1: be a stalemate or the Russians may prevail, I'm not
Speaker 1: so sure about that. I think the big problem for
Speaker 1: the Russian troops continues to be their supply lines that
Speaker 1: failed them in the move towards Kievan and may fail
Speaker 1: them again. Is I going to depend on further weapons
Speaker 1: support from Europe and from the US for Ukraine to
Speaker 1: continue to hold the line, because, as you say, we
Speaker 1: have seen some pretty remarkable resistance by Ukrainian forces over
Speaker 1: the last month or so. Yeah. Absolutely, And I do
Speaker 1: think that this lull gives a chance not just for
Speaker 1: the Russian troops to you know, remobilize, but it gives
Speaker 1: the Ukrainians a chance to get a lot more very
Speaker 1: sophisticated weapons from the US and Western Europe, a lot
Speaker 1: of defensive some offensive. I think the Ukrainian troops will
Speaker 1: be very well armed for this battle in the east. Now,
Speaker 1: you mentioned the idea of Russia remobilizing here just to
Speaker 1: take the other side of the coin. Could Russia remobilize
Speaker 1: further to sort of organize better, because we have seen,
Speaker 1: at least the way this war has gone so far,
Speaker 1: a lot of evidence of disorganization by Russian forces. Could
Speaker 1: things firm up, you would think so, Considering how a
Speaker 1: nept the first month has gone for the Russian troops,
Speaker 1: I still think that there's a morale problem. I still
Speaker 1: think there's a supply problem. I mean, Russian troops didn't
Speaker 1: have enough water, fuel, food as they got close to Kiev.
Speaker 1: I'm assuming that has improved, but the ports where a
Speaker 1: lot of these supplies come have been under attacked by
Speaker 1: Ukrainian forces, so I'm not sure the supply lines are
Speaker 1: going to be solid. I want to ask you a
Speaker 1: little bit about the world response. We got that vote
Speaker 1: in the U n. General Assembly yesterday removing Russia from
Speaker 1: the Human Rights Council, and the Senate unanimously uh put
Speaker 1: these trade restrictions on Russia. Do you see that having
Speaker 1: any impact in terms of how Putin could play this
Speaker 1: war out going further. Well, I could embarrass him, but
Speaker 1: I think he's incapable of being embarrassed. I'm not sure
Speaker 1: that's going to have a big impact. I still think
Speaker 1: as we get well into this spring, and I'm sadly
Speaker 1: afraid it's going to last for a few more months.
Speaker 1: But as we get well into the spring, I do
Speaker 1: think there'll be an increased focus on the exit ramp,
Speaker 1: something that Putent can take and call you know, maybe
Speaker 1: he will be lying, of course, but call of victory.
Speaker 1: I do think there will be something involving a promise
Speaker 1: by Ukraine not to join NATO. But I increasingly think
Speaker 1: because of all of the massacres and atrocities, that the
Speaker 1: Ukrainians are very unlikely to give up any territory. That's
Speaker 1: an interesting point greg the idea of off ramps in
Speaker 1: the next few months, because we've heard from the likes
Speaker 1: of NATO Secretary General John Stoltenberg that this war could
Speaker 1: go on not just for months, but maybe for years.
Speaker 1: Where do you see potential off ramps for Russia. Well, again,
Speaker 1: it's going to have to be after more carnage. But
Speaker 1: I do think that Russia, if Russia can get a
Speaker 1: guarantee of Ukrainian neutrality, if maybe Russia will insist on
Speaker 1: a little bit of land. But that's going to be
Speaker 1: a sticking point. And you know, the other sticking point Nathan,
Speaker 1: is the end of sanctions. You just can't turn them
Speaker 1: on and off like a light switch. And I think
Speaker 1: that Putin is going to have sang since persistent even
Speaker 1: after the war ends. In our last thirty seconds here,
Speaker 1: you've got to think as well that a big sticking
Speaker 1: point is trust on the Ukrainian side, because Russia has
Speaker 1: reneged so many times in h in its past discussions. Yeah,
Speaker 1: so much of this is psychological, and I would say
Speaker 1: that morale continues to be a really big point. Russian
Speaker 1: troops are willing to die for their country. Uh, Ukrainian
Speaker 1: troops will die for their country. I'm not sure your
Speaker 1: Russian troops are willing to die for Vladimir Putin. And
Speaker 1: I think the morale story is going to be increasingly crucial. Alright,
Speaker 1: Gregg Value, as always, thank you for your insights. Gregg Valuers,
Speaker 1: chief US policy strategist at a GF Investments. SMP future
Speaker 1: is now up five points, now futures up seventy four,
Speaker 1: NASTAC futures pairing some of their games now there up
Speaker 1: by only nine points, so little changed for the tech
Speaker 1: heavy NASTAC futures, just ahead of setback for a global
Speaker 1: tax deal. And Elon Musk says Ask Me Anything Twitter.
Speaker 1: Top stories of the morning. Just ahead on Bloomberg day Break.
Speaker 1: Bloomberg Daybreak brought to you by Ancient Accountants and Advisers.
Speaker 1: Challenging times call for proactive advisors who help minimize taxes,
Speaker 1: increase cash flow, and create opportunities for the future of
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Speaker 1: Bloomberg Interactive Broker Studio in New York. Bloomberg E Loving
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Speaker 1: the country Sirius xm ch A one nine team and
Speaker 1: around the globe, the Bloomberg Business app and Bloomberg Radio
Speaker 1: dot Com. This is Bloomberg Daybreak, six thirty on Wall Street.
Speaker 1: Good morning, I'm Nathan Hagger and I'm Karen Moscow. We
Speaker 1: are just about three hours away from the open of
Speaker 1: US trading. It's time for the five things you need
Speaker 1: to know to start your day. Brought to you by
Speaker 1: Interactive Brokers. Interactive Brokers charges margin loan rates from zero
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Speaker 1: rates subject to change. Learn more at ibkr dot com
Speaker 1: slash compare First Ukraine says twenty seven civilians have been
Speaker 1: killed in a Russian attack on a railway station. We're
Speaker 1: told they were preparing to evacuate. Meantime, the UN General
Speaker 1: Assembly has voted to suspend Russia from the Human Rights Council.
Speaker 1: US Ambassador Linda Thomas Greenfield let us continue to hold
Speaker 1: Russia accountable for this unprovoked, unjust, unconscionable war and to
Speaker 1: do everything in our power to stand with the people
Speaker 1: of Ukraine. Ambassador Linda Thomas Greenfield says, it's a collective
Speaker 1: step in the right direction and for the first time caring.
Speaker 1: The European Union is targeting Russia's crucial energy reserves. The
Speaker 1: Block has agreed to ban Russian coal imports. It's also
Speaker 1: banning most Russian trucks and ships from entering the EU.
Speaker 1: Well Nathan. Meantime, the war in Ukraine is having a
Speaker 1: major impact on the cost of food. Global food prices
Speaker 1: are surging at the fastest pace ever as the war
Speaker 1: rates havoc on supply chains. The United Nations Index of
Speaker 1: World Costs or last month at the Treasury Department this morning,
Speaker 1: there's been an apparent setback for Janet Yellen. We're told
Speaker 1: big business is pushing back against your plans for a
Speaker 1: global tax agreement. Let's get the details Life from Bloombrigs,
Speaker 1: John Tucker, John Nathan the Treasury Secretary. Yellen counting on
Speaker 1: the support of corporate America for her global tax deal
Speaker 1: to win passage in Congress, but big business nowhere close
Speaker 1: to backing the plan. Executives at eight major US based
Speaker 1: multinational corporations interviewed by Bloomberg say that far too much
Speaker 1: remains unknown about it. Most of the executives say some
Speaker 1: version of the old can't eventually passed, but not on
Speaker 1: its current timeline. Live in New York, I'm John Tucker,
Speaker 1: Bloomberg day Break. All right, John, thank you about turning
Speaker 1: the corporate news. Now. It's all about Twitter again this morning,
Speaker 1: just days after announcing a stake in the company, Elon
Speaker 1: Musk is reportedly set to address the staff. To get
Speaker 1: the details Live from Bloomberry Shore, I need a young
Speaker 1: Good morning, Rindy Down, Good morning Karen. Twitter is planning
Speaker 1: to host Delon Musk for a Q and A session
Speaker 1: with employees. That's according to a company messages obtained by
Speaker 1: The Washington Post, which says there are internal outcries over
Speaker 1: Musk's appointment to Twitter's board of directors. Town Hall meetings
Speaker 1: like this are not new to Silicon Valley, but it's
Speaker 1: rare to host a board member at one. Twitter is
Speaker 1: hoping to calm any anxiety workers have about Musk's impact
Speaker 1: on company culture. Live in New York, I'm really need
Speaker 1: a young Bloomberg day break, all right, ready to thank you?
Speaker 1: And that's the five things you need to notice start
Speaker 1: your day and straight ahead your latest local headlines plus
Speaker 1: a check of sports. And this is Bloomberg. Okay, Karen,
Speaker 1: thank you. Six thirty three on Wall Street, forty nine
Speaker 1: degrees in Central Park. We got accidents to the tunnel's
Speaker 1: outbound holland inbound Lincoln. Say, well, how it's affecting your
Speaker 1: ride traffic? Shortly, first Michael Barr with more on what's
Speaker 1: going on in New York and around the world. Michael,
Speaker 1: thank you very much, Nathan. New York Mayor Eric Adams
Speaker 1: talked about his first one hundred days in office during
Speaker 1: an interview with ABC seven this morning. Adams was asked
Speaker 1: about crime in the city. Clearly, these problems have been
Speaker 1: decades in the making. As we witness of this problem
Speaker 1: all over our country and over proliferation of handguns on
Speaker 1: our streets, I have to really thank the Commission that
Speaker 1: we are laying the foundation to move us to a
Speaker 1: safe city. We removed over a thousand guns off the
Speaker 1: streets in the city of New York and that continued
Speaker 1: flow is still here. Mayor Adams also set on ABC
Speaker 1: seven there are places for the homeless to go in
Speaker 1: off the streets. Some have criticized adams recent efforts clearing
Speaker 1: out homeless encampments. New York Governor Kathy Hokol has announced
Speaker 1: what she calls a conceptual agreement with legislators on a
Speaker 1: two D twenty billion dollars state budget. Local says New
Speaker 1: York will develop billions of dollars to help families pay
Speaker 1: for childcare, boost healthcare worker wages, and temporarily cut state
Speaker 1: gasoline taxas I said that this moment is a once
Speaker 1: in a generation opportunity to not just bring relief to
Speaker 1: families and put more money in people's pockets, could also
Speaker 1: make historic investments in our people and on our state.
Speaker 1: Governor hucle the budget was due April first, but has
Speaker 1: been held up by last minute policy and spending disagreements.
Speaker 1: A New York appeals judge says he will likely rule
Speaker 1: today on the weather to continue blocking a lower court
Speaker 1: ruling that declared the state's new congressional and legislative district
Speaker 1: maps unconstitutional. New York's electoral landscape was thrown into question
Speaker 1: last week when a Republican trial court judge ordered the
Speaker 1: state's Democrat controlled legislature to redraw the district boundaries. Today,
Speaker 1: President Biden will celebrate the confirmation of Judge Katangi Brown
Speaker 1: Jackson as the first black woman to reach the Supreme Court.
Speaker 1: Vice President Kamala Harris said she was honored to preside
Speaker 1: over the Senate for Thursday's vote confirming Jackson. The Senate
Speaker 1: approved Judge Jackson in a fifty three vote, and so
Speaker 1: we can continue to witness history. Vice President Harris spoke
Speaker 1: during an event at the National Art Gallery last night.
Speaker 1: Global News twenty four hours a day on air and
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven hundred
Speaker 1: journalists and analyst more than a hundred twenty countries. Michael
Speaker 1: Barr and this is Bloomberg, Nathan, Thanks Michael. Almost six
Speaker 1: thirty six on Wall Street time for the Bloomberg Sports
Speaker 1: a Patrishon stash in the Mets season opener, of course,
Speaker 1: puts back a week through the lockout, and then pushed
Speaker 1: back three hours to the rain in Washington, and they
Speaker 1: waited another hour after that worked the way to five
Speaker 1: one Mets victory and Buck Joe Walters first game as manager.
Speaker 1: Who needs Jacob Bigraham and Max Sherson when you have
Speaker 1: Tyler McGill. He was terrific with five scoreless sending. The
Speaker 1: Mets broke through with two runs in the fifth, got
Speaker 1: run scoring hits from Mark Canna and Jeff McNeil in
Speaker 1: the sixth inning, another from Francisco Indoor in the seventh,
Speaker 1: and that's got only a one Soto home run off
Speaker 1: Trevor May in the sixth. The Mets are forty and
Speaker 1: thirteen in their last fifty three season openers, and Sheerser
Speaker 1: goes to a night is Met's debut. It's gonna get
Speaker 1: this old team. Yankees and Red Sox have their range
Speaker 1: de laid openers this afternoon in the Bronx at the Garden,
Speaker 1: Rangers shut out to Penguins three nothing. Thirty says three
Speaker 1: goers Hystorica. The Rangers moved six points ahead of the Penguins,
Speaker 1: the only two behind first place Carolina. Rangers are seventeen
Speaker 1: and one at home, and they scored the first goal
Speaker 1: opening right of the Masters. Twenty four year old Korean
Speaker 1: Sun Jam shot sixty seven leads the Austin Cameron Smith
Speaker 1: by one shot. Dustin Johnson, who won the Green jacket
Speaker 1: two years ago, trails by two tiger Woods and twenty
Speaker 1: three Masters five victories, only twice has broken seventy. The
Speaker 1: opening round he had a seventy one, which was remarkable
Speaker 1: considering the injuries and the long lay up. Tracker then
Speaker 1: gave a forecast. But what's ahead, Augusta. You know we
Speaker 1: got a long way to go. This golf course is
Speaker 1: gonna change dramatically. Um. Cooler, dryer, windier. Um. You can
Speaker 1: hear the sub Arizona out there. So uh, this Colt
Speaker 1: course is gonna change, and it's gonna get a lot
Speaker 1: more to go down to today and hourly update two
Speaker 1: on bluebo Radio with the Masters. Tonight show a level
Speaker 1: John Stash at war Bloombird Sports all right and thanks
Speaker 1: sixty seven on Wall Street, time to take a look
Speaker 1: at stock some of the names moving in the pre market.
Speaker 1: With Bloomberg Radio and TV Markets correspondent Creedy Gupta. We
Speaker 1: made it to Friday, Creedy and uh, what would you say?
Speaker 1: Things are a little quiet right now, wouldn't you think?
Speaker 1: A little quiet but still some movement underneath the hood
Speaker 1: for lack of a better term. But you know, Nathan,
Speaker 1: I love coming on here. You're talking about oil companies,
Speaker 1: you know that. But this time we have a really
Speaker 1: great story out from our oil team, and I think
Speaker 1: this is requires just a little bit of extra emphasis
Speaker 1: this morning. So you do have some of those oil
Speaker 1: companies higher devon energy. For example, d v N as
Speaker 1: your taker up one percent, Chevron is well up five
Speaker 1: tenths of one percent, c v X as your taker.
Speaker 1: They're occidental seeing a slight bit as well, up two
Speaker 1: tenths of one percent. Oh x Y is your taker. There. Um,
Speaker 1: this is coming at a time and I'm not sure
Speaker 1: this is a direct relationship to the story, but it
Speaker 1: is worth pointing out. We have our oil team reporting
Speaker 1: the show producers are courting European buyers. When it comes
Speaker 1: to that l n G market. We know that coming
Speaker 1: off of the war in Ukraine, that dependence on Russia
Speaker 1: when it comes to L n G is really trying
Speaker 1: to be removed, especially by likes of Germany and France,
Speaker 1: so we have to talk about where else do you
Speaker 1: get that kind of supply, and Texas, Louisiana these are
Speaker 1: key export kind of hubs for the L and G.
Speaker 1: So you do start to see some of these companies
Speaker 1: like e q T, like Devon, like Occidental actually in
Speaker 1: talks with some of these European buyers. So this is
Speaker 1: gonna be something you to really keep your eye on,
Speaker 1: especially going into next week, when you do have some
Speaker 1: of these companies actually moving to or actually traveling to
Speaker 1: Europe to negotiate further how we can actually make those
Speaker 1: exports happen. A lot of people targeting for the end
Speaker 1: of the year to really build out that infrastructure and
Speaker 1: start getting that supply to Europe, which is actually far
Speaker 1: far more accelerated than it was previously. Yeah, So I
Speaker 1: guess we're gonna be watching oil stocks for quite a
Speaker 1: few more days, if not weeks, as the European Union
Speaker 1: looks for ways to wean itself off Russian energy. We've
Speaker 1: got some analyst moves to talk about as well. Cre Yeah,
Speaker 1: also moving the market. Those analysts are also busy this morning.
Speaker 1: Alcoa is on the top of the list. A A
Speaker 1: is your taker down on one point six percent after
Speaker 1: Credit Suite trimmed their recommendation to neutral, viewing m E
Speaker 1: aluminum prices near peak levels. Also seeing some weight on
Speaker 1: Robin Hood h o o d s your taker down
Speaker 1: four percent after Goldman Sacks cuts it to a cell
Speaker 1: from a neutral, thing that softening retail engagement levels and
Speaker 1: profitability concerns will likely limit any outperformance. And lastly, Nathan
Speaker 1: Crabb strikes c r w ds your ticker up actually
Speaker 1: just shy four percent. This comes after analysts responded pretty
Speaker 1: positively after management set of framework to reach five billion
Speaker 1: dollars in annual recurring revenue. This of course comes after
Speaker 1: an investor briefing with the company. All Right, Bloomberg Radio
Speaker 1: on TV. Markets correspondent Crety Gupta with us as always
Speaker 1: in the pre market and as we take a look
Speaker 1: at stocks as a whole before the trade gets going. Uh.
Speaker 1: In the cash market, we have SMP futures up seven points,
Speaker 1: down futures up, NASTACK future is higher by seventeen points.
Speaker 1: The tenure treasury is down on two thirty seconds with
Speaker 1: the yield two point six six and the yield on
Speaker 1: the two year right now two point five zero almost
Speaker 1: two point five one. Look at the nime x screwed.
Speaker 1: It's up a half percent of forty eight cents nineties
Speaker 1: six dollars fifty one cents for a barrel of West
Speaker 1: Texas Intermediate. This is Bloomberg Bloover eleven three oh weather.
Speaker 1: Mix of sun and clouds. Maybe a shower today, low
Speaker 1: sixties for highest chains, for a shower tomorrow as well,
Speaker 1: with a high in the upper fifties, low fifties, some
Speaker 1: passing clouds on Sunday. Forty nine is the current temperature
Speaker 1: in Central Park Markets. Headlines and breaking news twenty four
Speaker 1: hours a day at Bloomberg dot Com, the Bloomberg Business
Speaker 1: apt and at Bloomberg Quick Tape. She's a Bloomberg Business
Speaker 1: flash and I'm camerin Moscow. Futures this morning are in
Speaker 1: the rise, and we go to the first word breaking
Speaker 1: news dash for today's morning call. Well, here's Bill Maloney. Bill,
Speaker 1: good morning, and good morning, Karen. That's right. Gains in
Speaker 1: the US futures right now with down features up a
Speaker 1: hundred points Sesames gain eight and a half one Nasdack
Speaker 1: futures climb L three, the US ten years at two
Speaker 1: point six seven percent, Gold, oil and bitcoin are all
Speaker 1: trading little change, while your per markets are in the green.
Speaker 1: This morning. Back in the US. On the economic front
Speaker 1: at ten o'clock, whossale inventories, and in macro news, Russia's
Speaker 1: Central Bank because it's key rate by three hundred basis
Speaker 1: points to sevent in an unscheduled decision. In other news,
Speaker 1: Elon Musk says that Tesla's cybertruck, roaster and Semi are
Speaker 1: all coming next year and wrapping things up ups whist
Speaker 1: cut to neutral at Bank of America. I'll co cut
Speaker 1: to neutral at Create Suite. C H. Robertson raised overweight
Speaker 1: at Jacom Morgan and Robin WHI was cut to sell
Speaker 1: OVERC Woman Sachs Live from the first breaking news ascomb
Speaker 1: Bill Maloney, Karen, all right, Bill, thank you man to
Speaker 1: hear live breaking news over here, Bloomberg to have squawk
Speaker 1: on your terminal, I'll ask you a w K and
Speaker 1: that's a Blue and Berg business flash. Now here's Michael
Speaker 1: Barrow with more on what's going on around the world.
Speaker 1: Michael Karen, thank you very much. Russia is giving its
Speaker 1: take on its recent pullback from positions round Kiev. President
Speaker 1: Putin's spokesman Dmitri Peskoff told Sky News the troops were
Speaker 1: really withdrawn from the regions as an act of a
Speaker 1: good will during the negotiations between the two delegations. He
Speaker 1: also acknowledged that Russia suffered a significant loss of troops
Speaker 1: in Ukraine. In golf at the Master's Sun, Jam leads
Speaker 1: the field after round one with five under. Tiger Woods
Speaker 1: is four shots back from the lead. Stay tuned for
Speaker 1: updates every hour on Bloomberg Radio and a special edition
Speaker 1: of Masters Tonight coming up at eleven pm. Eastern Major
Speaker 1: League Baseball, the Mets beat the Nationals five one. The
Speaker 1: Yankees host the Red Sox today after yesterday's scheduled opener
Speaker 1: was postponed because of rain. In the NHL, the Rangers
Speaker 1: won the Devil's Lost. Global News twenty four hours a
Speaker 1: day on here and on Bloomberg Quicktake, powered by more
Speaker 1: than journalists and analysts more than countries. I'm Michael barn
Speaker 1: This is Bloomberg. Karen. Alright, Michael, thank you. It is
Speaker 1: sixty nine on Wall Street. We turned to news in
Speaker 1: science and technology now with the Bloomberg and j I
Speaker 1: T STEM Report, brought to you by New Jersey Institute
Speaker 1: of Technology and j I T makes industry ready engineers
Speaker 1: and more than twenty fields. If it's engineering, it's at
Speaker 1: n j I T. Learn more at n j I
Speaker 1: T DOT E d U and now here's it's making
Speaker 1: news and science, technology, engineering, and math. Shanghaire is reported
Speaker 1: more than twenty thousand new COVID cases for the past
Speaker 1: twenty four hours, marking its highest tallly since it started
Speaker 1: a pandemic. The city is racing to create isolation facilities
Speaker 1: as it sticks to a policy of quarantining all those
Speaker 1: positive for the virus, as well as everyone they have
Speaker 1: interacted with. Amazon plans to file objections to the union
Speaker 1: election on Staten Island, New York that resulted in the
Speaker 1: first successful US organizing effort in the company's history. The
Speaker 1: retailers stated its plans in a llegal filing to the
Speaker 1: National Labor Relations Board. Among other things, the company accused
Speaker 1: the Amazon Labor Union of threatening warehouse workers to vote
Speaker 1: in favor of the organizing effort. An attorney representing the
Speaker 1: a l U said the claims were quote patently absurd.
Speaker 1: And Elon Musk, who was added to Twitter's board after
Speaker 1: accumulating has taken to social network, will appear at a
Speaker 1: company all hands meeting next week to address employee questions.
Speaker 1: That's a Bloomberg and j I t Stem report. Nathan
Speaker 1: Okay Karen, thanks for ly from the Bloomberg Interactive Brokers
Speaker 1: Studios or at six fifty on Wall Street Time Now
Speaker 1: to check what's going on in d C, where some
Speaker 1: of the top stories include Congress basically turning Russia into
Speaker 1: a trade pariah, speaker Pelosi's infection bringing COVID closer than
Speaker 1: ever to President Biden, and Katanji Brown Jackson's historic confirmation
Speaker 1: to the U. S. Supreme Court. Let's bring back Bloomberg
Speaker 1: Government reporter Emily Wilkins for more on all these stories. Emily,
Speaker 1: it's not every day you see a unanimous Senate, but
Speaker 1: that is certainly what we got when it comes to
Speaker 1: Russia and trade. Yeah, it took them a while because
Speaker 1: this legislation was stalled are a little bit, but we
Speaker 1: did see all a hundred Senators vote yesterday to ban
Speaker 1: Russian oil as well as and permanent normal trade relations
Speaker 1: with Russia and Belarus, and these are our stactions that
Speaker 1: Congress has been talking about for a while. Clearly they
Speaker 1: have a lot of support and it kind of sets
Speaker 1: the stage then for if more sanctions need to come
Speaker 1: through Congress, if more aid needs to come through Congress,
Speaker 1: that there definitely is a willingness on both sides of
Speaker 1: the Aisle to get something done. How much impact will
Speaker 1: this really have on Russia's thinking in the war. We've
Speaker 1: obviously seen the reports this morning of apparent civilian casualties
Speaker 1: at a railway station that Ukraine says was hit by
Speaker 1: Russian rockets, and you know, there's still the factor of
Speaker 1: Europe still dependent on Russian oil and gas. Yeah, and
Speaker 1: to be clear, I mean these these photos that were
Speaker 1: now seen from this train station that was being used
Speaker 1: to evacuate civilians from the eastern region of Ukraine. Uh,
Speaker 1: they're going there, their heartbreaking photos, they're devastating photos, and
Speaker 1: we're joining a growing number of war crimes that Russia
Speaker 1: is being seen as having committed in Ukraine. And that's
Speaker 1: really uh energized um or motivated rather Western leaders in
Speaker 1: the US and Europe to try to start moving on
Speaker 1: additional sanctions and trying to figure out what needs to
Speaker 1: be done. At this point, we are beginning to hear
Speaker 1: from a number of foreign policy experts, like Ukraine for
Speaker 1: Minister Dmitro coolba Uh saying that the war is beginning
Speaker 1: to shift, that other countries must help Ukraine with larger,
Speaker 1: heavier weapons, longer range missiles. These are different from the
Speaker 1: current weapons that are being supplied to Ukraine from Western countries, um,
Speaker 1: and they're kind of preparing for this next stage of
Speaker 1: the war, which might be a little bit more like
Speaker 1: World War two with large scale operations. Can something happen
Speaker 1: in the short term, given the Congress is going on now,
Speaker 1: I mean, it will be difficult to do. I mean,
Speaker 1: certainly there can still be discussions. We do have groups
Speaker 1: of lawmakers who are going to be going to Germany,
Speaker 1: to Poland, to the Polish Ukrainian border, and so there's
Speaker 1: still an interest in this topic. But unless something urgent
Speaker 1: needs to happen, it's unlikely we're going to see lawmakers
Speaker 1: back in Congress for the next two weeks. I mean
Speaker 1: that said, of course, if something you know, urgent and
Speaker 1: our our emergency does happen, where Congress is needed, where
Speaker 1: the White House can't act on their own. We've certainly
Speaker 1: seen lawmakers reassemble in Washington pretty quickly. One lawmaker who
Speaker 1: apparently isn't going much of anywhere for the next few
Speaker 1: days is House Speaker Nancy Pelosi. Just the latest in
Speaker 1: a pretty a significant line of top officials that have
Speaker 1: come down with COVID nineteen of the last few days. Emily, Yeah,
Speaker 1: I mean, it's certainly the highest ranking official at this point, um,
Speaker 1: you know, and sort of indicative of the overall spread
Speaker 1: of COVID cases that we're really seeing go through Washington.
Speaker 1: At this point, We've seen a number of of high
Speaker 1: ranking officials get COVID. We know that Pelosi was in
Speaker 1: close contact with President Biden this past week. Now the
Speaker 1: White House is saying that the contact was not so
Speaker 1: close and not so long that Biden needs to quarantine,
Speaker 1: that he's still testing negative. But it's really showing that
Speaker 1: COVID is continuing to be a threat, even though a
Speaker 1: lot of people are now vaccinated and boosted. Is this
Speaker 1: going to affect openings and Washington. I think they're gonna
Speaker 1: be what starting spring tours at the White House this weekend,
Speaker 1: and Congress is reopening for tourists that sort of thing.
Speaker 1: Is that going to affect this We'll see. I mean,
Speaker 1: at this point, Congress hasn't made any changes to its opening.
Speaker 1: We actually saw additional steps that were taken this week
Speaker 1: as far as what visitors have to do with their
Speaker 1: protocol is when visiting the House offices. So we haven't
Speaker 1: seen any shutterings yet. The message really from the White
Speaker 1: House has been, you know, everyone is boosted, everyone is vaccinated.
Speaker 1: Um that you know, people they they've got COVID, but
Speaker 1: their few okay, they're expected to make a recovery. They're
Speaker 1: not expected to wind up in the hospital. And you
Speaker 1: really have seen the White House kind of pushed this
Speaker 1: narrative of we are at this new phase here where
Speaker 1: you know, we have the protections that we need out
Speaker 1: there so if and when people get COVID, we are
Speaker 1: able to make sure that that the worst case scenario
Speaker 1: is not happening. And speaking of new phases, certainly going
Speaker 1: to see one at the Supreme Court. With the first
Speaker 1: black female justice now confirmed, Yes, Katanji Brown Jackson was confirmed.
Speaker 1: All Democrats voted in support, as well as three Republicans senators.
Speaker 1: The first black woman on the Supreme Court but but Nathan,
Speaker 1: she's going to be a Judge Jackson rather than Justice
Speaker 1: Jackson for a little while longer because Justice Stephen Byer,
Speaker 1: who shall be replacing, he's going to be serving out
Speaker 1: the remainder of the current term, So he's not going
Speaker 1: to be stepping down until around the end of June
Speaker 1: early July, at which point we are going to be
Speaker 1: seeing Katanji Brown Jackson uh formally entered the Supreme Court.
Speaker 1: So a bit of a long wait there for Judge Jackson.
Speaker 1: But I understand that there is going to be something
Speaker 1: of a victory lap at the White House this afternoon. Oh. Absolutely,
Speaker 1: this is a historic moment. It was really underscored by
Speaker 1: the fact that you had Kamala Harris be the one
Speaker 1: to sort of hold the gavel and to call the
Speaker 1: vote for her. Um this, you know, it's something that's big,
Speaker 1: and it's something that Biden certainly wants to to tout
Speaker 1: getting through his Supreme Court nominee, getting through with some
Speaker 1: bipartisan support. And remember also when you talk a little
Speaker 1: bit about who has supported Biden, it's been a lot
Speaker 1: of black voters. It's been a lot of black female voters.
Speaker 1: And this is something that the White House really wants
Speaker 1: to make sure that they are touting as a win
Speaker 1: for them and for a number of Democratic voters, and
Speaker 1: a campaign promise kept for President Biden as well, and
Speaker 1: I can promise as well, yes before he became president,
Speaker 1: that he would nominate a black woman as his first
Speaker 1: Supreme Court nominee. Emily Wilkins of Boomberg Government. As always,
Speaker 1: thanks for the update from Watch Shington, and you can
Speaker 1: read more about all these stories at Bloomberg dot com
Speaker 1: or on the Bloomberg terminal. And if you're in Washington,
Speaker 1: listen to Bloomberg one and one oh five point seven
Speaker 1: FM HD two to catch all the latest from Bloomberg
Speaker 1: Radio in the nation's capital. Looking ahead to the market
Speaker 1: open on Wall Street, s and P futures are higher
Speaker 1: by twelve point Staff features up a hundred eighteen, NAZAC
Speaker 1: future is on the rise by forty one points. The
Speaker 1: ten your treasury right now is down three thirty seconds.
Speaker 1: The yield just shy of two point six seven percent.
Speaker 1: Yield on the two year right now two point five one.
Speaker 1: Nim X scrude little change now at nineties six dollars
Speaker 1: seven cents of barrel. Much more to come on Bloomberg
Speaker 1: Surveillance That's next with Tom Keene, Jonathan Farrell, and Lisa
Speaker 1: Abramowitz for Karen Moscow. I'm Nathan Hagar. Have a great Friday.
Speaker 1: This is Bloomberg.