CNBC Squawk Alley February 3, 2016
Lets bring in steve. Those dovish comments have not been enough to overcome that weaker Economic Data. Markets are counting on the strength and services to overcome weakness in manufacturing and overseas growth and the oil sector. And all the indicators inside the ism showing growth in services and the u. S. Economy but all weaker than they were including new orders and employment. This ignited a furious rally in the ten year yield. It dropped down to 1. 8. It was a one year low. We havent seen that in quite a bit and it also sparked the sell off in the dollar. If you take a look. It was i thi...
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