Grimm euro data coming in. Credit data following the most since the euro crisis. Not looking great. German 10 year yield resumes up to basis points, the highest level since 2011. We reassess with the fed is going. European stocks also falling a third of a percent. Risk struggling. Today seems like we would have a pause but we are still going down. Alix cameron price put it best. Sentiment stinks. Abounds in s p futures but you know, we are not really going anywhere. The followthrough buying, not so great. The vix, weve seen a real move over the last few weeks. Skip crude. 10 year yield up one basis point. We talk about premium. We will discuss. Are you being compensated to take risk . Crude up 3 . If you look at the curve, that front month price for oil has rerated higher in the last four weeks. That raises questions in the market in supporting energy stocks. 93 is big for wti. Is that sustainable . Dani i have a chart of the term premium. New york fed, calculated a complicated matter.
And we believed that that meant it was rich in carbon, which is the essential element for all life on earth and key to our origins investigation. Major funding for the pbs newshour has been provided by the ongoing support of these individuals and institutions. And friends of the newshour, including leonard and norma glorifying and clue and patricia you vent. For more than 50 years, advancing ideas and supporting institutions to promote a better world, at hewlett. Org. And with the ongoing support of these individuals and institutions. This program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. Amna welcome to the newshour. Major Hollywood Studios have reached a tentative deal with writers after nearly five months of striking. Geoff in coming days, members of the Writers Guild of america will vote to approve the new contract, which includes pay increases to keep up with streaming and protections aro
President biden is going to be there any minute. Dont go away. Stay with cnn to see what happens with this historic moment, thank you so much for joining inside politics. Cnn news central starts right now. President on the picket lines, standing with Striking Union workers and fighting for a key battleground state. Its a historic trip with potentially big consequences. The meltdown before the shutdown. House republicans one day closer to saturdays deadline and no closer to an agreement. Is the speaker out of options. Plus, a Total Annihilation of his Digital Privacy, hunter biden is suing Rudy Giuliani and his former attorney, this latest move by the president s son as he pursues an aggressive legal strategy. Were following these lead developing stories and many more coming in right here to cnn news central. Were about to see for the first Time A Sitting American President walking the picket line. The united autoworkers strike for opposing the three big automakers simultaneously, now j
Seeing trumps very own words and rhetoric in a court filing as it gets. Attorneys for the expresident accuse the Special Counsel of asking the court to, quote, take the extraordinary step of stripping President Trump of his First Amendment freedoms during the most important month of his campaign against President Biden. They say, quote, now keenly aware that it is losing that race for 2024, the prosecution seeks to unconstitutionally silence President Trumps but not President Bidens political speech. On pain of contempt. End quote. Now, if all this sounds familiar, its because trumps attorneys have been making this argument for months now. As the New York Times notes, almost from the moment mr. Trump was indicted, his legal team has raised a First Amendment defense. Its also a defense that jack smith anticipated. His indictment of donald trump on the Election Interference Case says on the second page, the defendant had a right, like every american, to speak publicly about the eleioand
Job is potentially on the line. Kevin mccarthy does not have the votes. If there ends up being a shutdown, republicans would largely be to blame. Sit down with our team, the jeffries, and negotiate a way forward. Today President Biden set to join autoworkers on the picket line against the Big Three Automakers. This is what the president wanted to do to stand, to stand with autoworkers. We invite you to join us in our fight. Surge at the border, shelters fearing they may soon be overwhelmed by migrants. More than 100,000 in what we saw crossing all of last year. You leave them on the street, provide shelter. Leaving them on the street is not an option for us. A defiant senator bob menendez flatly denying he did anything wrong. Not only will i be exonerated, i still will be the new jersey Senior Senator. You want to claim selective prosecution, you have to prove that. If youre indicted, you should resign. It wont help us to have him hanging around. Good morning, everyone. Top of the hour