Page 4 - Bond Traders News Today

Bills. weve never done it before. we have the worlds largest economy and well roll the dice. so the range of responses is wide. but independent economists, independent budget experts, constitutional investors, none of them think it will be a good result. they think it will be a bad result. the question is just how bad. the expectation is that the first response will be stocks. they will get very volatile. if the situation persists, right? so if it is just one day that treasury runs into this pro...

Thats something that jack lew has said can be catastrophic. we always pay our bills on time. every time. the ten-year treasury sat 6.23%. thats what we watch for signs of stress about all of this. were going to have a report that bond traders will be looking for as far as jobs report numbers, we think theyre going to be looking at it. the forecast is $180,000 jobs created. and the unemployment rate is 7.3%. were not sure if thats going to be released if the government is shutdown. you could see ...

Jeffrey hillman said he hid the shoes because they are worth a lot of money and he thinks his life is at risk. hes grateful for what the officer did but he said the story went around the world and he would like a peace of the pie. >> one of the most profitable bond traders in on wall street is under investigation. we have on whats moving your money. >> reporter: good morning. the former goldman partner seems there is nor the story. he had left goldman after questions about his trading activity a...

Propose on january 2 nd after weve gone off the fiscal cliff. they know that will force them into a room and will be the only thing that will force them into a room. >> richard and katty, why should we believe if president obama does get a second term, things will be different. if republicans feel like over the first four years its worked to be stubborn and not play along, why would they change that tactic over the next four years. >> you would think if you keep getting beaten you would change, ...

a mother who is joining me a little later this hour. she has not seen her son in eight years. eight years. he was kidnapped as a baby by his godmother, and today that godmother is in custody. ill be speaking with the mother waiting to beie reunited with lost son. the last time she saw him, he was eight months old. first, a couple stories were watching for you. new word of terror plots involving iran and western targets. also, president obama talking about the future of war at the whi...

Jonathan martin is the senior politico editor who wrote this story. what a great story. a great story. nia-malika henderson, trying to keep up with verbal genius, political reporter for "the washington post." you start, jonathan, i am stunned by this. the first guy to ever notice this. i remember watching a crowd down in texas in 2000, i could tell all the pinks and limes were with w. and i said, this crowd is too rich to be reflective of half a state. no states got that many rich people. but yo...

Jonathan martin is the senior politico editor who wrote this story. what a great story. a great sto. nia-malika henderson, trying to keep up with verbal genius, political reporter for "the washington post." you start, jonathan, i am stunned by this. the first guy to ever notice this. i remember watching a crowd down in texas in 2000, i could tell all the pinks and limes were with w. and i said, this crowd is too rich to be reflective of half a state. no states got that many rich people. but youv...

And, chris, this is something a lot of republicans dont like talking about because they have a party, frankly, like democrats do, too, that has a very odd coalition. theyve got the auto mechanics and they have the bond traders. and everything in between. so this is an awkward topic. but its come to life here in the last few weeks. starting in south carolina and on display in south carolina. you go to romney event and you see folks that represent upper middle class and upper class america. that i...

From the bond traders, from wall street, itself? >> well, it depends on who youre talking about. those who want to bring stability to some of these bond markets are saying, look, this is just what you need. those who are making a lot of quick kills on bits of informational advantage, if you will, in the giant debt trading machine that now dominates wall streets earnings, it has more years, those people dont want the bread taken off their table. what were talking about here is how to help create ...

Now is the scenario that we are under is the best case scenario, historically low interest rates allow us to borrow trillions, paying practically zero. youre right, when interest rates go to four, five, six, that adds $500 billion a year in debt, and the net effect is devastating. you cant at that point, you cant tax or cut your way out of trouble. you go back to your remarkable book, came out in 1993. a lot of people in the clinton white house got in trouble because of the access that was given...