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Interesting. I think probably a little too early to worry, given where the 10 years right now. Lisa never too early to worry. Jonathan the hyatt is about 90 basis points. We are in the middle. Theres a little bit of concern about oversupply, particularly at the long end, but two governments issued longterm hours. The last few the other was apple and president tim cook. [laughter] it is the 40 year portion that i think is getting the attention. It is about the Duration Risk people are willing to take. Lisa people are saying that perhaps demand for that offering took away from the u. S. Government. You do have to wonder, and i think this is a question a growing number of strategists are asking him selves, at what point does the fed start to get worried, step in and say we have to up our purchases of treasuries in order to suppress bond yields . ,onathan ppi came in hotter jobless claims came in better than expected. We round things o ....
Then with the spread of the coronavirus and onto the election 2020 will continue to be a process of change and is here with us today to discuss his book and thoughts on america. We now invite you to join a virtual program. With the Reagan Institute director. Speaker gingrich, its just terrific to have you with us here at the Reagan Library. Plan to view a live and in person once the pandemic is behind us and you are able to travel again we would still love to have you out to the Reagan Library. Thank you so much for joining us today. I am a huge fan of the Reagan Library. And i cannot remember a time that we just did not have a wonderful experience. I can assure you as soon as i get back to the west coast i will be dropping in to see you. Terrific we love to have ....
Infections and deaths around the country. Our question what do you think about the three chilean dollar coronavirus aid package 3 trillion aid package . 2027488000 , democrats 2027488001 , andendents 2027488002 you can always text your opinion at 2027488003 . We are also reading your comments on social media. The house on friday past a 3 trillion aid package and it was summarized in todays till newspaper. Approved a 3s trillion relief package to alleviate the economic fallout of the deadly coronavirus pandemic. Seeking to add pressure on Senate Republicans to act on a new round of emergency aid. The foot was largely on party lines with a mix of progressive and centrist democrats working away from opposition and a still republican of new york defecting from the gop to vote yes. Speaker pelosi characterized the legislation, crafted by democrats without consulting republicans, as the opening salvo in talks with the senate and whi ....
Home, stillg at sequestered within this pandemic. The new slow extraordinary. As you just heard from the president and from Vice President biden, clearly political. We will touch on that in a moment. Will joins levkovich us of citigroup on these extraordinary markets. We can talk about the politics of the moment, the relative calm of last night, but i think ive got to go to the clarion call in 15 minutes of the first of the may labor reports, the adp report. How do you link this wednesday report into what we are going to observe friday of an american jobs depression . Jonathan to keep it simple, the numbers will be ugly. They will be ugly this morning, ugly again friday morning. Quite clearly, this market is focusing on the aggregate numbers in the future, and hoping that the outlook its better as the year grows older. On the degree to which things improve, that is where i think we should have real debate. It is the social unrest ....
A number of days of peaceful protests, and indeed, looting and riots as well. What we know for certain is last night was absolutely extraordinary in new york. , Governor Cuomo and mayor de blasio agreed to make the curfew sooner this evening. Jonathan which i think makes sense. I think is really sad is what is getting lost in all of the noise , the reason for the protests to begin with. The mission that has been a mission for a long time in this country for more social justice. Sharperhat becomes of vocus in the days to come and we get away from the noise surrounding the riots. Tom ian bremmer is scheduled to be with us. What i find extraordinary is what is the next step here. Theres all this reporting and the cable news frenzy and all of that, but we got to get to 11 00 a. M. This morning, where i believe the president will speak. Lisa people are wondering what if the local government cant get things under control. What we saw la ....