Speaker 1: Live from the Bloomberg Interactive Broker Studios. This is Bloomberg
Speaker 1: day Break for Tuesday, March two. Coming up this hour,
Speaker 1: Ukraine offers peace talks to Moscow as it holds Russian
Speaker 1: troops at Bay. President Biden issues the warning on Vladimir Plutin,
Speaker 1: saying the leaders becoming increasingly desperate, and questions remaining on
Speaker 1: the answered on that deadly plane crash in China. New
Speaker 1: York's top health official says she doesn't expect to see
Speaker 1: a steep surge in COVID nineteen cases. Plus Supreme Court
Speaker 1: nominee Jackson faces senator's questions today. I'm Michael Barer, More Ahead,
Speaker 1: I'm John Stashdower in Sports Capita Rant and the NAT's
Speaker 1: beat the Jazz in Brooklyn, and another big name quarterback
Speaker 1: is on the move. That's all straight ahead on Bloomberg
Speaker 1: day Break on Bloomberg eleven Trio, New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one, O six one, Boston, Bloomberg nine sixties,
Speaker 1: San Francisco, Sirius x M one nineteen and around the
Speaker 1: world on Bloomberg Radio dot Com and via The Bloomberg Business.
Speaker 1: That good morning, I'm John Tucker. I'm Nathan Hagar. Futures
Speaker 1: are moving higher on this Tuesday morning. We're coming up
Speaker 1: to five oh one on Wall Street, and we checked
Speaker 1: the markets every fifteen minutes during the trading day on Bloomberg.
Speaker 1: Right now, SMP futures are up by seventeen point staff
Speaker 1: features of a hundred forty five, NASTAC features up sixty
Speaker 1: five points. The decks in Germany have eight tenths of
Speaker 1: one percent. The tenure treasury is down fourteen thirty seconds.
Speaker 1: The yield two point three four percent yield on the
Speaker 1: two year two point one seven. Nimex crude is down
Speaker 1: seven tenths per cent, or eighty two cents at a
Speaker 1: hundred eleven dollars thirty cents. A barrel comes called down
Speaker 1: a third of one percent, down six dollars thirty cents
Speaker 1: at nine fifty an ounce. The euro is at one
Speaker 1: point one zero zero five against the dollar. The end
Speaker 1: is at one twenty four eight. John Nathan will have
Speaker 1: more on the markets in a minute, but first, new
Speaker 1: developments involving the war. Ukraine's president says he's ready to
Speaker 1: discuss a deal with Russia in makes change for US
Speaker 1: cease fire. Amy Morris has details from our Bloomberg room
Speaker 1: in Washington. Ukrainian President voladimir's Lensky said late last night
Speaker 1: he is prepared to discuss a commitment from Ukraine not
Speaker 1: to seek NATO membership in exchange for a cease fire,
Speaker 1: the withdrawal of Russian troops, and to guarantee of Ukraine's security.
Speaker 1: He called it a compromise for everyone. He also repeated
Speaker 1: his skull for direct talks with Russian President Vladimir Putin,
Speaker 1: saying that unless he meets with him personally, it's impossible
Speaker 1: to know if Russia even wants to stop the war.
Speaker 1: In Washington, I maybe Morris Bloomberg daybreak, All right, Amy,
Speaker 1: thank you. President Zelensky says Ukrainian forces are still holding
Speaker 1: Russian troops at bayon several funds. Retired US Navy Commander
Speaker 1: Ward Carol says Ukraine has remained resilient. I can tell
Speaker 1: you from the legend of the Ghost of Kiev to
Speaker 1: the other things that they've done against overwhelming odds. Their
Speaker 1: air force has shown itself to be very capable. Retired
Speaker 1: Navy Commander Award Carol spoke with our Washington correspondent Joe
Speaker 1: matth You on Bloomberg Sound on. Catch the program weekdays
Speaker 1: at five pm Eastern on Bloomberg Radio. Meantime, the White
Speaker 1: House says Russian President Vladimir Putin's back is against the wall,
Speaker 1: and President Biden tells business leaders that makes him even
Speaker 1: more dangerous. He's suggesting Putin may soon use chemical weapons.
Speaker 1: More in this report from Bloomberg's Ad Baxter, Biden, in
Speaker 1: front of the Business Roundtable CEO quarterly meeting, said Putin
Speaker 1: is already sending up false flags about chemical weapons, saying
Speaker 1: the US has used them as well. They're also suggesting
Speaker 1: that Ukraine has biological and chemical weapons in Ukraine. That's
Speaker 1: a clear sign he's considering using both of those. He's
Speaker 1: already used chemical weapons in the past, and we should
Speaker 1: be careful. What about it's about to come. Biden says
Speaker 1: the US does not use chemical weapons, and the President
Speaker 1: also warned up a potential of increased cyber attacks in
Speaker 1: San Francisco. I'm at Baxter Bloomberg Day Break. All right,
Speaker 1: and thank you. Another major story where following brings us
Speaker 1: to yesterday's crash of a Boeing plane in China. All
Speaker 1: one thirty two people on border believed dead. The cause
Speaker 1: of the crash is still unknown. Experts remained baffled by
Speaker 1: the planes nose dive from twenty nine thousand feet. Bloomberg
Speaker 1: Stephen Angel has the latest from Hong Kong. She didn't thing.
Speaker 1: The President of China said he's calling for an all
Speaker 1: out investigation. They have found part of the wreckage. We
Speaker 1: just don't know how this accident happened on a flight
Speaker 1: from Kunming to guang Joe that was already just about
Speaker 1: to descend to Guangzhoe. It's very different from the Max
Speaker 1: accidents in Indonesia and in Ethiopia. Bloomberg Stephen Angle says
Speaker 1: the China Eastern Airlines crashes China's worst commercial aviation accident
Speaker 1: in more than a decade. Turning to the markets, now,
Speaker 1: a sell office in bonds is deepening and defends heare
Speaker 1: j Pale struck a more hawkish tone on his campaign
Speaker 1: against high inflation. You know, the expectation going into this
Speaker 1: year was that we would see basically see inflation peaking
Speaker 1: in the first quarter, then maybe leveling out, and then
Speaker 1: see a lot of progress in the second half. That
Speaker 1: story has already fallen, apart to the extend it continues
Speaker 1: to fall apart. My colleagues and I may well reach
Speaker 1: the conclusion that will need to move more quickly, and
Speaker 1: if so, we'll do so. Cheer palsas the FED is
Speaker 1: prepared to raise interest rates by half a point at
Speaker 1: the next policy meeting if needed. Tracy McMillan has had
Speaker 1: a global asset allocations strategy at Wells Fargo, preparing the
Speaker 1: markets for a really tough inflation fight, and so that
Speaker 1: means we're going to see higher yields, and we are
Speaker 1: seeing those higher yields in the front end of the
Speaker 1: curve where the FED really has more of an impact.
Speaker 1: Wells Fargo's Tracy McMillan says she prefers equities over fixed
Speaker 1: the income at the moment. Well we'll have much more
Speaker 1: in the future of interest rates and the fight against inflation.
Speaker 1: Later this morning, General will speak live with St. Louis
Speaker 1: FED President Jim Bullard. Stay tuned for that conversation coming
Speaker 1: up at a thirty a m. Wall Street time on
Speaker 1: Bloomberg Radio and television. And overnight we saw the bond
Speaker 1: sell off spread to Asias. Acts of the region gained
Speaker 1: as the bonds fell. Let's get the recap from Bloomberg's
Speaker 1: Juliet Sally and Singapore, Good morning, Julia, good morning John
Speaker 1: and Nathan Australia, and yields here higher since twenty eighteen.
Speaker 1: On the tenure note, while the Keywi equivalent was at
Speaker 1: a five year high. The yield differential between the US
Speaker 1: and Japan pushed the yen to a six year low,
Speaker 1: boosting Japanese equities, which returned from a long weekend. The
Speaker 1: Negate two to five rows one and a half percent
Speaker 1: in Tokyo to post its sixth consecutive session of games,
Speaker 1: the longest streak since September, and Ali Baba shares gain
Speaker 1: nearly ten percent in Hong Kong as the tech giant
Speaker 1: increased its shared buy back program to twenty five billion
Speaker 1: from fifteen billion dollars in Singapore. Juliet Sally Bloomberg daybreak,
Speaker 1: all right, Juliette, thank you. And on the earnings front
Speaker 1: this morning, shares of Nike are up nearly six percent.
Speaker 1: In early training companies quarterly results top estimates. Revenue outpaced
Speaker 1: expectations in all regions, including Greater China, where sales fell
Speaker 1: less than predicted. Right now, s and P futures are
Speaker 1: up seventeen point. Staff futures up a hundred fifth one.
Speaker 1: Nastic futures are hired by sixty four points. The tenure
Speaker 1: treasury is down fifteen thirty seconds. The yield two point
Speaker 1: three nimex crewed down seven tenth percent or eighty two
Speaker 1: cents at a hundred eleven dollars thirty cents of barrel.
Speaker 1: Straight ahead, your latest local headlines and a check of sports.
Speaker 1: This is Bloomberg alright, Thanks Nathan, five oh seven Old
Speaker 1: Wall Street Camps and to bring in Michael Barr with
Speaker 1: more on what else is going on in New York
Speaker 1: and around the world. John, thank you very much. We
Speaker 1: have breaking news. Russian opposition leader in jailed Kremlin critic
Speaker 1: Alexia Novaldi was found guilty of fraud today Moscow court
Speaker 1: convicted of all knew over allegations he stole from his
Speaker 1: anti corruption foundation. Prosecutors win a thirteen year prison sentence.
Speaker 1: New York's top health official is talking about the latest
Speaker 1: new omicron sub variant. It is growing more prevalent in
Speaker 1: the state. State Health Commissioner Mary Bassett. We don't expect
Speaker 1: to see a steep surge in cases in New York
Speaker 1: State UH at the moment. B A two comprises about
Speaker 1: forty two of all the cases here in the state.
Speaker 1: Governor Kathy Hokel also spoke with Health Commissioner Massett. We
Speaker 1: have not focused as a nation as much on the
Speaker 1: treatment capabilities. You should at first sign of symptoms let
Speaker 1: your doctor know so you can start getting the treatments
Speaker 1: that can stop the circumstances from getting worse. Governor HOCl
Speaker 1: says New York averaged around twenty one new COVID nineteen
Speaker 1: cases per day last week. That is up from the
Speaker 1: previous week. Donald Trump's lawyers say a New York judge
Speaker 1: abused his discretion with a decision last month requiring the
Speaker 1: former president to answer questions under oath and a civil
Speaker 1: investigation into his business practices and papers filed in a
Speaker 1: state appeals court. Trump's lawyers said the judge failed properly
Speaker 1: weigh constitutional and ethical concerns that they'd raise about New
Speaker 1: York Attorney General Latisia James's investigation. Judge Coltanji Brown Jackson
Speaker 1: faces questioning in her second day of Supreme Court confirmation
Speaker 1: hearings today. Jackson gave her opening remarks yesterday before the
Speaker 1: Senate Judiciary Committee. I have been a judge for nearly
Speaker 1: a decade now, and I take that responsibility and my
Speaker 1: duty to be independent very seriously. Democrats likely have the
Speaker 1: votes needed to confirm Judge Jackson on their own Global
Speaker 1: news twenty four hours a day on air and on
Speaker 1: Bloomberg Quick Take power by more than journalists and analysts
Speaker 1: more than a hundred twenty countries. Him Michael Barrn, this
Speaker 1: is Bloomberg. John all right, Michael, thank you very much.
Speaker 1: And it's kind of got a pot semma of ball
Speaker 1: Street Timetown with the Boomberg Sports Upday. Good morning, johns ssh,
Speaker 1: A morning John Peck. Are you even with Tom Brady's unretirement,
Speaker 1: Aaron Rodgers remaining in Green Bay. It's been studying how
Speaker 1: many big name quarterbacks have been traded. Russell Wilson to Denver,
Speaker 1: Shawn Watson that Cleveland, now, Matt Ryan to Indianapolis. He
Speaker 1: was in Atlanta for fourteen years. Once the NFL's MVP
Speaker 1: with the Colts, he'll replace Carson Wentz, who was traded
Speaker 1: to Washington a year after Wentz was traded to India.
Speaker 1: The Falcon's Duke qub will apparently be Marcus Mariota back
Speaker 1: up the last two seasons in Las Vegas. He signed
Speaker 1: as a free agent in Brooklyn. Next met the Jazz
Speaker 1: one fourteen one oh six Kevin Rant and led the
Speaker 1: way thirty seven points, nine rebounds. Ada says home game
Speaker 1: at No. Kyrie, Irvan and Ben Simmons still has not
Speaker 1: made his next debut at with a herniated disc. His
Speaker 1: coaches need Nat and we saw hope that he can
Speaker 1: come back. He's had moments during years rehab where he's
Speaker 1: on the court doing some things, so it looks like
Speaker 1: he's about to turn a corner and then there's a
Speaker 1: little setback. So I still feel optimistic that he can
Speaker 1: play for US. Mixed Tonight host Atlanta Rangers visit The
Speaker 1: Devil's Kevin Willard, the coach Seaton Hall the last twelve years,
Speaker 1: leaving to take over at Maryland, leading to some rather
Speaker 1: obvious speculation that he'll be replaced by Shaheen Holloway, former
Speaker 1: Seaton Hall player who has coached St. Peter's to the
Speaker 1: n C Double A S sixteen in Port St. Lucy.
Speaker 1: New Mets manager Buff Show, Walter Watts, New Mett picture
Speaker 1: Max Jerser called it as advertised five innings for sure, Zorillages,
Speaker 1: one run, Mets lost to the Marlin, three nothing Nankees
Speaker 1: and Tampa five two of the Phillies. Three pictures. Who
Speaker 1: could be in the rotation Jamison, tyn Est Cortez and
Speaker 1: Michael King, all with two school Listen Johns catch bloom
Speaker 1: Big Sports, John John, thanks very much. Ahead of the
Speaker 1: cash open on Wall Street futures right now in the
Speaker 1: green the down futures of one hundred fifty three points.
Speaker 1: That's a rise of four tensive a percent. The S
Speaker 1: and P even the future is up nineteen points, that's
Speaker 1: a fourth tensive a percent, and right now the NASTAC
Speaker 1: futures up seventy one points, up half a percent. As
Speaker 1: far as treasuries after the marks by fed Share J.
Speaker 1: Powell yesterday, the spread between the two and tenure treasuries
Speaker 1: right now just fifteen basis points. The tenure at two
Speaker 1: point three four percent, that is up five basis points.
Speaker 1: The two year yield right now two point one eight percent.
Speaker 1: You're listening to Bloomberg Day Boom. The situation on the
Speaker 1: ground in Ukraine appears to be growing more desperate. We'll
Speaker 1: get an update from Bloomberg Executive editor for International Government
Speaker 1: Ronsal and Mathison. That is straight ahead. You're listening to
Speaker 1: Bloomberg Daybreak, Markets, headlines and breaking news twenty four hours
Speaker 1: a day at Bloomberg dot Com, the Bloomberg Business Atland
Speaker 1: at Bloomberg Quick tap, this is a Bloomberg Business Flash.
Speaker 1: Nathan Hager stocks are climbing as a sell off in
Speaker 1: bonds deep ends after Federal Reserve share Jerome Pal signal
Speaker 1: to Central Bank will take more aggressive measures to clamp
Speaker 1: down on inflation. To check the markets every fifteen minutes
Speaker 1: during the trading day on Bloomberg. Right now, as in
Speaker 1: p futures are up nineteen points, Stown futures up a
Speaker 1: hundred sixty two, nast Act futures on the rise by
Speaker 1: seventy points. The tenure Treasury is down seven teen thirty seconds.
Speaker 1: The yield two point three five percent. You'll down the
Speaker 1: two year two point one nine. Nime X Screwed is
Speaker 1: down two point two per cent or two dollars forty
Speaker 1: two cents now at a hundred nine dollars seventy cents.
Speaker 1: Apparel come X Gold is down two tenths per cent
Speaker 1: or four dollars fifty cents at nineteen thirty thirty announced
Speaker 1: the euro one point one zero zero nine against the
Speaker 1: dollar British pound one point three zero. The end is
Speaker 1: at one twenty point four seven. At ten ann Wall
Speaker 1: Street time, we get the Richmond Fed Manufacturing Index and
Speaker 1: Carnival and Adobe are among companies scheduled to report earnings today.
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. Good morning, Michael,
Speaker 1: Good morning Nathan. Ukrainian President Volodimir Zelenski is set to
Speaker 1: virtually deliver his address to the Japanese Parliament to raalley
Speaker 1: international support for his country's fight against the Russian invasion.
Speaker 1: Zelenski has made virtual addresses to the US Congress, as
Speaker 1: well as parliaments in Europe, Canada and Israel. The Russian
Speaker 1: Gord has found jailed Kremlin critic Alexi Novaldy guilty of
Speaker 1: large scale rawd Valdi is already serving a more than
Speaker 1: two years sentence in prison for parole violations. He says,
Speaker 1: we're fabricated. In the NBA of the Nats and Celtics one,
Speaker 1: the Wizards lost in the NHL, the Bruins beat the
Speaker 1: Canadians in overtime three two Global News twenty four hours
Speaker 1: a day on here and on Bloomberg Quick Tank, powered
Speaker 1: by more than seven hundred journalist and analysts more than
Speaker 1: a hundred twenty countries. Michael Barr, this is Bloomberg, John, Michael,
Speaker 1: thank you, coming up on five twenty on Wall Street,
Speaker 1: and we are lying from the Bloomberg Interact of Brokers Studios.
Speaker 1: This is Bloomberg Daybreak. The President Vladimir Zolinski says Ukrainian
Speaker 1: forces still holding Russian troops at bay as there may
Speaker 1: be signs that Russia is growing more desperate. We're joined
Speaker 1: the albuying Bloomberg Executive editor for International Government Rosalind Matheson
Speaker 1: for an update on the war in Ukraine. Ross Let's
Speaker 1: start off with the situation on the ground. What is
Speaker 1: the update. Well, we're seeing over night showing again as
Speaker 1: always by Russia in various parts of the country, a
Speaker 1: bit to the west and some places in the north,
Speaker 1: and again the situation in the south of Ukraine increasingly desperate.
Speaker 1: Reports that those humanitarian corridors only held for a very
Speaker 1: short time yesterday, Ukraine accusing Russian troops of firing on
Speaker 1: convoys of people as they're trying to leave some of
Speaker 1: those cities Mary Paul and other cities in the area
Speaker 1: and trying to block them from getting out, and saying
Speaker 1: that the situation inside those cities is increasingly desperate. Of course,
Speaker 1: Ukrainian troops are unable to cross the open land that
Speaker 1: we're required for them to get to Mariopold to try
Speaker 1: and break the siege directly, so they can't do that
Speaker 1: at the moment. They're just trying to convince Russia to
Speaker 1: allow enough of a pause in the fighting for people
Speaker 1: to properly leave. There are still at least tens of
Speaker 1: thousands of people there, so the humanitarian situations certainly is deteriorating.
Speaker 1: In terms of the actual conflict, there are signs that
Speaker 1: Russian troops are simply largely staying put where they are.
Speaker 1: They're trying to reinforce their positions. They're using landmines around
Speaker 1: themselves and so on, and they're not attempting to push forward,
Speaker 1: and that's really leaving the conflict in the aerial phase. Still,
Speaker 1: bombardment of cities again, overnight, bombardment of sites in the
Speaker 1: northwest and in the southeast are there signs that the
Speaker 1: Russian army is growing more desperate there are certainly reports,
Speaker 1: at least from the Ukraine side, that there are signs
Speaker 1: that Russian troops are losing their morale um. They're certainly
Speaker 1: struggling in some areas, it seems, to access fuel, to
Speaker 1: access food, and of course, given that they have very
Speaker 1: close ties to Ukraine, many of them themselves, either through family,
Speaker 1: through culture and history, that it doesn't go beyond belief
Speaker 1: to think that some Russian troops at least would be
Speaker 1: very reluctant to fight, particularly those have been conscripted and
Speaker 1: sent in for example, do they really want to be there?
Speaker 1: And so Ukraine is saying that they're seeing evidence some
Speaker 1: of those troops really are demoralized, not wanting to fight
Speaker 1: face to face, and again that sort suggest why Russia
Speaker 1: is instead trying to rely on things like missiles and
Speaker 1: rocket attacks. What's the significance of the use of these
Speaker 1: hypersonic weapons. Well, they are more targeted at least, they
Speaker 1: tend to be better at hitting what they're aiming for.
Speaker 1: And they're being used so far, at least in terms
Speaker 1: of cruise missiles and longer range missiles purely at military targets,
Speaker 1: so airports, things near airfields, weapons cases, those sorts of things,
Speaker 1: training centers, so sort of targeting, trying to hit key
Speaker 1: parts of the Ukraine military infrastructure. And they're enabled to
Speaker 1: be fired from Russia or Yelarus, for example. They don't
Speaker 1: have to be fired from within Ukraine. They're also a
Speaker 1: lot harder for Ukraine to to shoot down. They're very
Speaker 1: successful so far at shooting down airplanes and transport aircraft
Speaker 1: and its attacking tanks and so on, but missiles are
Speaker 1: another thing entirely. They fly at such high altitudes it's
Speaker 1: impossible for Ukraine to hit them. On the other hand,
Speaker 1: it also does show again the level of frustration that's
Speaker 1: probably creeping in to the Russian machinery here about their
Speaker 1: lack of progress on the ground that they're having to
Speaker 1: resort to using those kinds of missiles. And what is
Speaker 1: happening on the diplomatic front. Well, we have the Ukrainian
Speaker 1: President addressing the Italian parliament today. We're expecting a similar
Speaker 1: plea for further military aid. Certainly you can see that
Speaker 1: Ukraine needs at some point to get some extra aeroplanes
Speaker 1: that they have been losing their own fighter jets in
Speaker 1: this conflict, and he may plead for that again. He
Speaker 1: may call for direct nature intervention. Again, of course NATO
Speaker 1: says it cannot do that um and he may repeat
Speaker 1: his call for direct talks with the Russian president. He
Speaker 1: has said repeatedly that the only way that there can
Speaker 1: be any sort of agreement more broadly on this conflict
Speaker 1: is for the two leaders to speak one on one.
Speaker 1: So far, that's there's been no signs that the Russian
Speaker 1: President is willing to entertain that. But perhaps as we
Speaker 1: get more meat on the bones of a possible agreement
Speaker 1: at the lower level, that will shift up to have
Speaker 1: that conversation. But certainly you can expect him to call
Speaker 1: again on the Russian president to talk to him directly.
Speaker 1: Thirty seconds left. What happens at the European Unions summit
Speaker 1: this week, Well, there'll be a lot of shows of
Speaker 1: unity and again like that that front against Russia across
Speaker 1: not just later but the US, other countries and so on.
Speaker 1: There could be some discussion where the US is leaning
Speaker 1: on Europe to do more on the sanctions funt protected,
Speaker 1: particularly when it comes to oil and gas, the potential
Speaker 1: oil embargo. We do not expect that to come on
Speaker 1: the table as a formal discussion at this point. Europe
Speaker 1: is highly reluctant to do so with the oil, but
Speaker 1: you can expect a little bit of pressure about from
Speaker 1: the US coming through the President's visit to Brussels. Laugh
Speaker 1: this week. Thanks very much appreciated, Bloomberg Executive editor for
Speaker 1: International Government, Rosalind Matheson ahead of the cash open on
Speaker 1: Wall Street. Futures in the green right now, hasn't the
Speaker 1: EMUNI futures fifteen points higher the doll Emuni futures. I've
Speaker 1: wanted a twenty seven points nastal futures right now of
Speaker 1: fift four points. You're listening to Bloomberg day Break. The
Speaker 1: Bloomberg Weather for brod Caroline, clouds and some sunset, especially
Speaker 1: north of the city. High temperature about sixty tomorrow, cloudy,
Speaker 1: cooler showers developing during the afternoon behind temperature about fifty degrees.
Speaker 1: Broadcasting live from the Bloomberg Interactive Broker Studio in New York.
Speaker 1: Bloomberg E Living Freedom to Washington, d C. Bloomberg to Boston,
Speaker 1: Bloomberg one oh six one to San Francisco, Bloomberg Non
Speaker 1: sixty to the Country, Sirius XM to the one nineteen
Speaker 1: and around the globe to Bloomberg Business apt in Bloomberg
Speaker 1: Radio dot Com. This is Bloomberg Daybreak. It's five thirty
Speaker 1: on Wall Street. Good morning. I'm John Tucker and I'm
Speaker 1: Nathan Hager. We're about four hours away from the open
Speaker 1: of US trading. Let's catch you up to date on
Speaker 1: the news you need to know at this hour a
Speaker 1: lot of her Zelenski says Ukrainian forces are still holding
Speaker 1: Russian troops at bay. He is also indicating his nation
Speaker 1: would hold a referendum on the terms of any potential
Speaker 1: peace agreement. Zelenski addresses the Italian parliament this morning. Meantime, Russia,
Speaker 1: President Biden says Russia's use of hypersonic missiles against Ukraine
Speaker 1: is a sign that President Vladimir Putin is growing desperate.
Speaker 1: Now the President's warning about possible cyber attacks, They've just
Speaker 1: launched the hypersonic missile because it's the only thing that
Speaker 1: they can get through with an absolute certainty. He was
Speaker 1: an anticipating in the extent or strength of our unity,
Speaker 1: and the more his back is against the wall, the
Speaker 1: greater severity of the tactics he may employ. President Biden
Speaker 1: is asking the US private sector to quote harden your
Speaker 1: cyber defense immediately well. Meantime, John in China, investigators are
Speaker 1: trying to figure out why a China Eastern Airlines Boeing
Speaker 1: jet suddenly fell from the sky. The crash is believed
Speaker 1: to have killed all one hundred thirty two people on board.
Speaker 1: In response, China Eastern's grounded its fleet of Boeing seven hundreds,
Speaker 1: and turning to the market, says sell often bonds is
Speaker 1: deepening After the FED share Jpal struck a more hawkish
Speaker 1: toll of the central banks campaign against inflation. He's opening
Speaker 1: the door to a fifty basis point hike at the
Speaker 1: Central Banks upcoming meetings. We will take the necessary steps
Speaker 1: to ensure a return to price stability. In particular, if
Speaker 1: we conclude it is appropriate to move more aggressively by
Speaker 1: raising the federal funds rate by more than twenty five
Speaker 1: basis point at a meeting or meetings, we will do so.
Speaker 1: And if we determine that we need to tighten beyond
Speaker 1: common measures of neutral into a more restrictive stance, will
Speaker 1: do that as well. J Pal and other Fed officials
Speaker 1: issue their next policy decision on May fourth. Say tuned
Speaker 1: for more on the Fed this morning when we speak
Speaker 1: live with St. Louis President Jim Bullard. Catch that conversation
Speaker 1: at eight thirty am Wall Street Time of Bloomberg Radio
Speaker 1: and Television and on the Earning Strent this morning, John,
Speaker 1: Shares of Nike are up nearly six percent in early training.
Speaker 1: The company's quarterly results, top estimates and revenue outpaced expectations
Speaker 1: in all regions, including Greater China, where sales fell less
Speaker 1: than predicted. SMP futures are higher by thirteen points right now,
Speaker 1: Dow futures up a hundred twenty, NASTAC futures on the
Speaker 1: rise by forty eight points. The tenure treasury is down
Speaker 1: fifteen thirty seconds. The yield two point three nime X
Speaker 1: screwed is down at two point two or two forty
Speaker 1: two cents and a hundred nine dollars seventy cents of barrel.
Speaker 1: The euro right now one point one zero zero five
Speaker 1: against the dollar. Straight ahead, your latest local headlines, and
Speaker 1: a check of sports. This is Bloomberg. Thanks Nathan. Five
Speaker 1: thirty three on Wall Street Time to bring in Michael
Speaker 1: Barr with more on what else was going on to
Speaker 1: New York and around the world. John, Thank you very much, sir,
Speaker 1: New York's top health official is talking about the latest
Speaker 1: new omeicron subvariant growing in the state. State Health Commissioner
Speaker 1: Mary Bassett, we don't expect to see a steep surge
Speaker 1: in cases in New York State. UH At the moment
Speaker 1: of the A two comprises about forty two percent of
Speaker 1: all the cases here in the state. Health commission of
Speaker 1: Bassett says though New York State averaged around twenty one
Speaker 1: new COVID nineteen cases per day last week, that is
Speaker 1: up thirty two from the previous week. New York Governor
Speaker 1: Kathy Hokel, I just want everyone to know that we've
Speaker 1: never taken our foot off the gas when it comes
Speaker 1: to our preparedness for dealing with this pandemic. We never
Speaker 1: had a high five moments that it's over. We're in
Speaker 1: a new phase. We've been adapting to the circumstances and
Speaker 1: reopening in a way that I still believe should continue.
Speaker 1: That's an important point to make. Governor Hokel says. The
Speaker 1: number of patients hospitalized with COVID nineteen in New York
Speaker 1: has fallen from twelve thousand, seven hundred in early January
Speaker 1: to around nine hundred. A Russian court has found jailed
Speaker 1: Kremlin critic Alexi Novalty guilty of large scale fraud. Vivaldi
Speaker 1: is already serving more than two years sentence in prison
Speaker 1: for parole violations. Of all the says the cases were fabricated.
Speaker 1: Supreme Court nominique Katangi Brown Jackson will face senators questions
Speaker 1: during confirmation hearings to become the only black female justice
Speaker 1: in the Court's history. Yesterday, Judge Jackson delivered her opening
Speaker 1: remarks before the Judiciary Committee. If I am confirmed, I
Speaker 1: commit to you that I will work productively to support
Speaker 1: and defend the Constitution. Some Republicans charged that Jackson has
Speaker 1: been too lenient in sentencing on criminal matters. Taxis firefighters
Speaker 1: gained the upper hand over historic wildfires. Is violent weather
Speaker 1: closed in on urban centers, and residents of Dallas and
Speaker 1: Austin sought shelter from tornadoes. The largest clusterer blazes that
Speaker 1: erupted late last week west of Dallas was contained. Global
Speaker 1: News twenty four hours a day on airrand on Bloomberg Quicktake,
Speaker 1: powered by more than twenty seven undred journalist and analysts,
Speaker 1: are more than h twenty countries. I'm Michael Barr. This
Speaker 1: is Bloomberg, John Michael, thank you. Coming up on five
Speaker 1: thirties of All Street top out with the Bluebird Sports
Speaker 1: up to it. Here's John staff Shower. Thanks John Night.
Speaker 1: After the Utah Jazz beat the Knicks at the Garden,
Speaker 1: they went to Brooklyn loss to the Nets one fourteen
Speaker 1: one those sex is Kevin Durant scored thirty seven points.
Speaker 1: When the season began, Durant thought he'd be part of
Speaker 1: the Big Three. Not the case. James Harden is now
Speaker 1: in Philadelphia, traded for Ben Simmons who was yet to
Speaker 1: play for Brooklyn to the back injury, and Tyrie Irving
Speaker 1: only allowed to play on the road. Katie still hopeful
Speaker 1: that may change. Frustrated and not being able to play,
Speaker 1: And you know, you figured this stuff would be rolled
Speaker 1: back by now and would be way past this. But
Speaker 1: it's a situation where we gotta do with think he's
Speaker 1: got to deal with it, and we're, you know, of
Speaker 1: trusting that it will get figured out here soon. Except
Speaker 1: that Irving seems determined not to get the vaccine and
Speaker 1: city Hall seems dug in on not making an exception
Speaker 1: of the private sector in person mandate. There are believed
Speaker 1: to be unvaccinated me and Yankee players. This could affect
Speaker 1: them to Mets lost the Marlins of Max Serzer, but
Speaker 1: sharp in five innings. Yankee p the Phillies. Another big
Speaker 1: name quarterback got traded, Matt Ryan, fourteen years with Atlanta,
Speaker 1: a four time pro bowler, one time m v P,
Speaker 1: sent to Indianapolis for a third round draft pick. The
Speaker 1: Falcons then signed free agent QB Marcus Mariotta New Orleans,
Speaker 1: sticking with Jamis Winston. He he signed with the Saints.
Speaker 1: Kevin Willard leaving Seaton Hall to be the new coach
Speaker 1: at Maryland. Shaheen Holloway already seen as the favorite to
Speaker 1: replace Willard. Holloway is a former Seaton Hall player. He's
Speaker 1: coach St. Peters to the n C Double A Sweet sixteen.
Speaker 1: As of now, Phil Mickelson is not going to play
Speaker 1: the upcoming Masters. He recently said he was taking time off.
Speaker 1: Nicholson has played in every Master since four. John Stasheward
Speaker 1: Bloomberg Sports Time Alright, thirty seven on Wall Street. It's
Speaker 1: time for the Bloomberg Try State Business Report. Here for that,
Speaker 1: we're joined by ed Query. Brookfield Properties will power its
Speaker 1: one Manhattan West office skyscraper with renewable energy from up
Speaker 1: State New York. Another unit of parent Brookfield Asset Management
Speaker 1: will provide hydro power for the sixties seven story tower,
Speaker 1: part of the eight acre Manhattan West project on the
Speaker 1: borough's far west side. Billionaire Rupert Murdoch is listing a
Speaker 1: pair of condos in New York for seventy eight million dollars,
Speaker 1: less than a decade after buying them and conducting an
Speaker 1: extensive renovation. The News Corps founder is selling his sixty
Speaker 1: two million dollar triuplex penthouse and a smaller apartment on
Speaker 1: a lower floor for sixteen million. New Jersey officials have
Speaker 1: awarded a million dollars in grants to install electric vehicle
Speaker 1: charging stations in twenty four tourist areas. The ideas to
Speaker 1: boost tourism by reassuring visitors with electric vehicles that they
Speaker 1: can come to a vacation spot in Jersey and not
Speaker 1: run out of power to get back home. At your
Speaker 1: Bloomberg Try State Business Report, I'm Ed Corey, Thanks said
Speaker 1: he is fine, thirty eight on Wall Street. Bloomberg Radio
Speaker 1: is on the air from San Francisco to New York,
Speaker 1: London to Hong Kong. Let's check in now with our
Speaker 1: global news he in four. Some of the top stories
Speaker 1: heard on our three hundred affiliate radio stations around the world.
Speaker 1: I'm Steve's Potaskan on Chen Chen Wins in New York.
Speaker 1: We're talking about Wall Street regulators turning their attention to
Speaker 1: climate change. I'm corney Daneho on ktr H in Houston.
Speaker 1: More than eighty percent of oil workers would consider switching
Speaker 1: to another energy sector. I'm carried at bildb Gave in
Speaker 1: Digital Radio and lons Wo reporting on a major boost
Speaker 1: for the Chancellor ahead of his spring statement as borrowing
Speaker 1: comes in twenties and billion pounds below four common. I
Speaker 1: made gory on w J and De Croyd. I'm reporting
Speaker 1: Rocket Mortgage CEO Jave Farner will buy up a thirty
Speaker 1: pig million dollars break of the company's dock. And those
Speaker 1: are some of the stories are twenty seven hundred Bloomberg
Speaker 1: journalists and the analysts are working on this morning around
Speaker 1: the world. It's five thirty nine on Wall Street. The
Speaker 1: following is an editorial from Bloomberg Opinion. Judging by state
Speaker 1: media counts, Chinese President Jijing Ping was more focused on
Speaker 1: Taiwan than on the Russian invasion of Ukraine when he
Speaker 1: spoke with his US counterpart Joe Biden last week. But
Speaker 1: if g fears US support for what he calls Taiwan
Speaker 1: independence forces, many American analysts worry about the opposite, that
Speaker 1: China might be inspired by Russia to seek its own
Speaker 1: takeover of Taiwan. While the U should prepare for that
Speaker 1: possibility both militarily and diplomatically, it should also remember that
Speaker 1: having stable relations with China has been crucial to keeping
Speaker 1: the peace across the Taiwan straight. Maintaining that stability will
Speaker 1: require stronger communications, sustained diplomacy, and a greater investment in
Speaker 1: crisis management tools. True success will ultimately be measured not
Speaker 1: by whether the US can win a war over Taiwan,
Speaker 1: but whether it can prevent one. This editorial was written
Speaker 1: by the Bloomberg Opinion Editorial Board. I'm David Shipley. For
Speaker 1: more Bloomberg Opinion, please go to Bloomberg dot com, slash
Speaker 1: opinion or ope and go on the Bloomberg terminal. This
Speaker 1: has been Bloomberg Opinion and Bloomberg Opinion Editorial is going
Speaker 1: to be heard every weekday. At this time, terbol customers
Speaker 1: could read Moore at Opie, I am go. They head
Speaker 1: of the cash open on Wallsbury Futures right now in
Speaker 1: the green down futures up one twenty seven points. This
Speaker 1: is Bloomberg. Bloomberg Weather ports at clouds some sunshine, especially
Speaker 1: north of the city of the high temperature about sixty
Speaker 1: degrees tomorrow, cloudy over the showers developing during the anterne
Speaker 1: the high temperature about fifty degrees. Markets headlines and breaking
Speaker 1: news twenty four hours a day at Bloomberg dot Com,
Speaker 1: The Bloomberg Business at and at Bloomberg Quick Take. This
Speaker 1: is a Bloomberg business lash. I'm Nathan Hager. Stocks are climbing.
Speaker 1: The sell off in bonds is deepening after Federal Reserve
Speaker 1: Chairman Jerome Powell said the Fed could raise interest rates
Speaker 1: by fifty basis points at its next policy meeting if
Speaker 1: needed to get a handle on inflation. Who checked the
Speaker 1: markets every fifteen minutes during the trading day on Bloomberg
Speaker 1: SMP futures right now are up thirteen point, Staff futures
Speaker 1: up a hundred twenty three nast Deck futures are higher
Speaker 1: by forty seven points. The ten your treasury is down
Speaker 1: fifteen thirty seconds, the yield two point three four percent
Speaker 1: yield on the two year two point one eight nime
Speaker 1: X Screwed is down two point two percent, down two
Speaker 1: dollars forty nine cents at a hundred nine dollars sixty
Speaker 1: three cents a barrel. Comics Gold is down two tenths
Speaker 1: per cent, or four dollars thirty cents at nineteen thirty
Speaker 1: fifty announced. The euro is at one point one zero
Speaker 1: zero five against the dollar the end one twenty point
Speaker 1: seven zero Bitcoin U three point three percent on the
Speaker 1: session at forty two thousand, five hundred dollars. That's Bloomberg
Speaker 1: Business Flash. Now here's Michael Barr with more on what's
Speaker 1: going on around the world. Michael, thank you very much. Nathan.
Speaker 1: Russia is refocusing it's military campaign in Ukraine on the
Speaker 1: east and above all the ports city of Mariopal. Ukraine's
Speaker 1: president Elodomir's Lensky is describe the assault as a war
Speaker 1: crime that will be remembered for centuries. A Russian court
Speaker 1: has found in chroman critic Alexei Novaldi guilty of fraud.
Speaker 1: Nevaldy has dismissed the case as politically motivated. Develoy, already
Speaker 1: serving a two and a half year sentence, could face
Speaker 1: an additional thirteen years when sentenced. Supreme Court Nominiquatanji Brown
Speaker 1: Jackson will face Senators questions for the first time as
Speaker 1: Democrats pushed quickly confirmed the only black female justice in
Speaker 1: the courts history. In the NBA, the Nets and Celtics won,
Speaker 1: the Wizards lost. In the NHL, the Bruins beat the Canadians,
Speaker 1: and overtime three two Global News twenty four hours a
Speaker 1: day on air and on Bloomberg quick Take, powered by
Speaker 1: more than twenty seven under journalist and analysts in more
Speaker 1: than a d twenty countries. Michael bar this is Bloomberg,
Speaker 1: John Michael, thank you it. He is five forty nine
Speaker 1: on Wall Street. We're live from the Bloomberg in Trant
Speaker 1: and Broke of Studios. President Biden says rushes he is
Speaker 1: of a hypersonic missile against Ukraine. Is a signed President
Speaker 1: Vladimir Putin is growing desperate, also warning about new of
Speaker 1: occasions of cyber attacks. We are joined live now by
Speaker 1: Joe Matthew, host of Bloomberg sound Bomb, with everything going
Speaker 1: on in Washington this morning. Joe, what what exactly is
Speaker 1: the President saying, and is he preparing us for things
Speaker 1: to get worse? Evolving intelligence is the term that we
Speaker 1: heard in the White House briefing room yesterday by the
Speaker 1: Deputy National Security Advisor for cyber and new Burger, talking
Speaker 1: about a cyber attack not on Ukraine but on the US.
Speaker 1: And this is a little bit of a different wrinkle here,
Speaker 1: as we've been very concerned about Russia knocking the lights out,
Speaker 1: taking out computer servers in places like Kiev, and that
Speaker 1: could still happen, of course, but if Russia is about
Speaker 1: to do something here in the United States, there are
Speaker 1: a lot of questions about what our response would be.
Speaker 1: And in lieu of that, White House has been briefing companies.
Speaker 1: We understand the federal government, according to Bloomberg's reporting, is
Speaker 1: briefed about a hundred companies on this to harden their
Speaker 1: defenses immediately. And I'll tell you you might be surprised
Speaker 1: by of the stuff we're talking about here. It's real.
Speaker 1: It's pretty basic, like double authentication like you might even
Speaker 1: have for your own email, encrypting sensitive data. You do
Speaker 1: get the sense, based on the direction that we're hearing
Speaker 1: from the White House that a lot of these companies
Speaker 1: are simply not prepared for something like this to happen.
Speaker 1: So I should change my passwor from JT one to three. Yeah,
Speaker 1: the ABC one two three thing. Apparently you're not alone.
Speaker 1: These are major Fortune five hundred companies playing the same games.
Speaker 1: And he's also the president commenting about the desperation that
Speaker 1: perhaps Vladimir Putina is being backed into a corner. Tell
Speaker 1: us more about that. Well, you saw the use of
Speaker 1: this hypersonic missile. Um there may have been a couple
Speaker 1: of them, in fact that that has been confirmed by
Speaker 1: the President spoke to the Business round table last night.
Speaker 1: The idea here is that that we're entering an actual stalemate,
Speaker 1: which is remarkable considering the fact that Russia thought they
Speaker 1: would smoke Ukraine in a matter of days. Uh Now,
Speaker 1: on the one hand, that sounds like great Ukraine's doing
Speaker 1: a good job defending itself. But as Stale made in
Speaker 1: this case, is actually very difficult to conceive getting bogged
Speaker 1: down World War One style and just continuously bombing civilian areas.
Speaker 1: That's what the Russian strategy would be, and in doing
Speaker 1: it from a greater distance. These hypersonic missiles, much like
Speaker 1: the cruise missiles that were used before, would suggest that
Speaker 1: Russia is bogged down on the ground in Ukraine and
Speaker 1: using longer range, much more destructive weapons to deal with
Speaker 1: the situation at hand here. This is very concerning, and
Speaker 1: this is why President Zelenski, It's why the Ukrainian military
Speaker 1: is begging for help to close the skies as they
Speaker 1: call it, because these are the actual weapons that are
Speaker 1: doing enormous damage inside the country. Are Republicans and Democrats
Speaker 1: kind of maybe on the same page on the war
Speaker 1: in Ukraine they are in in terms of not establishing
Speaker 1: a no fly zone, they get to be mixed up
Speaker 1: when it comes to providing fighter jets. We talked about
Speaker 1: and have been for a couple of weeks now. These
Speaker 1: jets that Poland offered to Ukraine, and President Zelenski was
Speaker 1: was almost begging for them a couple of weeks ago,
Speaker 1: still hasn't happened due to a lot of complicated issues,
Speaker 1: including the US, you know, being concerned about escalating this conflict.
Speaker 1: Republicans are now demanding that the White House provide those jets,
Speaker 1: and some Democrats are too. I will tell you as
Speaker 1: well that they're working on a sanctions package in the Senate.
Speaker 1: The House already passed its version of this to codify
Speaker 1: what the President called for in removing permanent trade status
Speaker 1: from Russia. That still has not been done in the Senate.
Speaker 1: And there kind of chewing on this here to see
Speaker 1: if it should also include a ban on Russian gas
Speaker 1: and oil, even though the President has done that already.
Speaker 1: But we could have a deal there by the end
Speaker 1: of the week. Okay, the hearing is for Judge Jackson.
Speaker 1: Are they gonna get the kind of nasty today? Is
Speaker 1: this is the day? Yeah? Yesterday was about the formalities
Speaker 1: and the introductions, and the Republican members of the Judiciary
Speaker 1: Committee gave us a sense of where they're gonna go here,
Speaker 1: trying to paint Jackson is soft on crime. They're going
Speaker 1: to question her rulings on child pornography cases, on defending
Speaker 1: detainees at Quantanamo Bay. There are twenty two members of
Speaker 1: the panel. They each get fifty minutes, so this will
Speaker 1: be a marathon session today and will likely lead into tomorrow.
Speaker 1: It is still expected that she will be confirmed, even
Speaker 1: if it's on party lines. Should make for some good listening.
Speaker 1: Joe Matthews has Bloomberg Sound on herd weekdays of five pm.
Speaker 1: Right here on Bloomberg Radio. Nathan Okay, John, thanks for
Speaker 1: coming up to five fifty four on Wall Street. It's
Speaker 1: time for our Bloomberg Law Report. Let's get to the
Speaker 1: legal stories we're watching this morning with Bloomberg's Jeff Llinger.
Speaker 1: Hops is being sued in the Southern District of New York,
Speaker 1: accused of running an unlawful lottery. The company says every
Speaker 1: pack of its trading cards includes a code that can
Speaker 1: be used to win a valuable card. The District of
Speaker 1: New Jersey rule that a suit accusing Geico of underpaying
Speaker 1: policy holders for total vehicles will move forward as a
Speaker 1: class action. A feder old judge in Ohio ruled the
Speaker 1: Defense Department may have retaliated against the work group who
Speaker 1: had complained about age bias. The agency decided not to
Speaker 1: interview the worker for a position in another office. Bloomberg
Speaker 1: Law everything you need, all on one legal research platform,
Speaker 1: including guidance analysis and Bloomberg Market Intelligence. Find out more
Speaker 1: at Bloomberg Law dot com. Now, the big legal story
Speaker 1: we're watching today is day two of the historic confirmation
Speaker 1: hearings for Judge Katangi Brown Jackson. If confirmed by the
Speaker 1: Senate Judiciary Committee. She would be the first black woman
Speaker 1: to sit on the Supreme Court. Today, the first round
Speaker 1: of questioning by senators begins at nine am Wall Street Time,
Speaker 1: and for more, Bloomberg's June Grosso speaks with John Michael's
Speaker 1: professor at u c l A Law school. The Republicans
Speaker 1: seem to be ready to attack or as being soft
Speaker 1: on crime. We heard this from Mitch McConnell last week.
Speaker 1: You know we're hearing it again in the Republicans opening statements.
Speaker 1: There are some schirlets attacks have been raised against her
Speaker 1: that have framed her as being sympathetic or enabling a pedophilia,
Speaker 1: or being soft on terrorism. Those are claims that are
Speaker 1: incredibly biting when they turn into sound bite, but have
Speaker 1: very little context or against substantiation behind them. So I
Speaker 1: find it deeply troubling the way in which it's been
Speaker 1: kind of martial or weaponized in this fashion. I will
Speaker 1: say that that the fact that Judge Jackson served as
Speaker 1: a federal public defenders should be considered as a real
Speaker 1: virtue for a court that hasn't had someone who has
Speaker 1: that professional experience, that life experience in quite a long time,
Speaker 1: in decades in fact, so the idea that the court
Speaker 1: should have a breath of legal and professional experience that
Speaker 1: informs their work strikes me as an unalloyed good, and
Speaker 1: the notion of being soft or hard on crime without
Speaker 1: context is really just an attempt to undermine her credibility.
Speaker 1: The suggested she's somehow not a responsible member of the
Speaker 1: legal community, which again has no substantiation. Are you fairly
Speaker 1: confident that unless something unexpected happens, she'll be confirmed? I
Speaker 1: would like to say I'm pretty confident, because I'm enthusiastic
Speaker 1: about her candidacy, But I think I've measured in my
Speaker 1: optimism only because we have a long process to go,
Speaker 1: and it seems like there is not a lot of
Speaker 1: bipartisan support, that there's a lot of extra votes lying
Speaker 1: around for Judge Jackson to pick up, and this may
Speaker 1: turn into a vote where the Vice President has to
Speaker 1: break the tie, and so it's hard to tell at
Speaker 1: this point. Republicans don't seem particularly enthusiastic, notwithstanding that many
Speaker 1: of them have voted to confirm her for other positions
Speaker 1: of incredible influence and trust. That's u c l A
Speaker 1: Law professor John Michael, speaking with Bloomberg's June Gronzo. You
Speaker 1: can catch more of that interview plus analysis of the
Speaker 1: latest legal news by listening to the Bloomberg Lawn Show
Speaker 1: at ten pm Eastern Time, or by subscribing to the
Speaker 1: Bloomberg Law Podcast. And attorneys can find exceptional legal research
Speaker 1: and business development tools at Bloomberg Law dot com. Checking
Speaker 1: futures ahead of the market open on this Tuesday morning,
Speaker 1: they are moving higher, with SMP futures up fourteen point,
Speaker 1: Style features up a hundred thirty five, Nasdaq futures up
Speaker 1: forty six points. The tenure Treasury is down fifteen thirty seconds,
Speaker 1: the yield two point three four percent, yield on the
Speaker 1: two year right now two point one eight percent, and
Speaker 1: i'm x crewed down two point two percent, down two
Speaker 1: dollars forty nine cents at a hundred nine sixty three
Speaker 1: a barrel call mex s goll down two tenths per
Speaker 1: cent or four dollars ten cents at nineteen thirty seventy
Speaker 1: and ounce the euro one point one I'm sorry one
Speaker 1: point zero nine nine six now against the dollar. Bloomberg
Speaker 1: Day Break continues. This is Bloomberg, Good Morning,