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Speaker 2: News when you want it. With Bloomberg News Now, I'm
Speaker 2: Nathan Hager. We are following a fast developing story in
Speaker 2: the Middle East. A senior White House official now says
Speaker 2: the US has indications Iran is preparing an imminent ballistic
Speaker 2: missile attack against Israel. The official, who asked not to
Speaker 2: be identified, says the US is actively supporting preparations to
Speaker 2: defend Israel against this possible attack. The official says such
Speaker 2: an attack would carry severe consequences for Iran. This comes
Speaker 2: hours after Israel began what it called targeted ground raids
Speaker 2: against Hezbala in southern Lebanon. You're Admiral Daniel Hagari with
Speaker 2: the Israeli military says they had no choice.
Speaker 3: These localized ground rates will target Rizbala strongholds. The threaten
Speaker 3: Israeli towns keep we seem in communities along a border.
Speaker 2: Rear Admiral Daniel Hagari with Israel Defense Forces posted that
Speaker 2: video message this morning. These ground rates follow days of
Speaker 2: attacks on has Balla that Middle East expert Julie Norman
Speaker 2: of University College London says has left the Iron backed
Speaker 2: militia very depleted.
Speaker 4: We estimate that Hezbla has around fifty thousand operatives, but
Speaker 4: even that number is an estimate. It's been put higher
Speaker 4: and lower, and they have an arsenal again estimated around
Speaker 4: one hundred and fifty thousand different types of rockets and
Speaker 4: missiles that Israel is trying to degrade. So just to
Speaker 4: say there's been a lot of damage obviously at that
Speaker 4: leadership level for sure, but in terms of full operational
Speaker 4: capacity that still runs pretty deep, and that's Israel's motivation,
Speaker 4: I think for this ground invasion to try and to
Speaker 4: try and uproot some of that too, but it's pretty
Speaker 4: extensive and that's why they've been seen as such a threat.
Speaker 2: Julie Norman with University College London, speaking with Tom Keen
Speaker 2: on Bloomberg's surveillance. Following this word that Iran may be
Speaker 2: preparing to attack Israel with a ballistic missile strike. Risk
Speaker 2: assets are falling right now. The S and P five
Speaker 2: hundred is down about eight tenths of one percent, the
Speaker 2: Dow six tenths of one percent lower, The NASDAK composite
Speaker 2: leading the declines, down one point two percent, and haven
Speaker 2: assets are catching a bid. The ten year Treasury is
Speaker 2: of eighteen thirty seconds, the yield down seven basis points
Speaker 2: to three point seven one percent. The long bond, the
Speaker 2: thirty year, is down to four point zero four percent.
Speaker 2: That's news when you want it with Bloomberg News Now,
Speaker 2: I'm Nathan Hager, and this is Bloomberg