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News coverage here in New York City now. Craig melvin at msnbc headquarters. The nation on high alert, on high alert over a domestic tryst terrorist whos been waging war through the u. S. Mail all week. Pete williams just a few moments ago reporting that a person has been taken into custody at this point, a person were told perhaps in his 50s taken into custody in florida for questioning in connection with the mail bombs that have been sent to prominent americans all over this country over the past few days. Details as to this persons connection right now, those Details Remain unclear. This co...

Happening in Southern California here for the next couple hours. Theres still reports of damage coming in. Julie banderas has that and all of the days news as we take a live look at washington d. C. Ahead of the big celebration. We begin with breaking news. An earthquake rattling Southern California and parts of nevada this afternoon. Im Julie Banderas in for shepard smith. Happy fourth to you. Emergency crews saying theyre getting dozens of calls ranging from reports of injuries to fires. Officials with the national Gee Logic Survey say it lasted about 60 seconds. Listen. I can feel it shakin...

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Not lowter level because you don't want them to get so many alerts that people don't pay attention when they get them. >> right. this has been studied -- people didn't hear that question. >> just to repeat, the question was -- the reason why potentially that the alert level isn't set lower so you don't have a large number of alerts with minimal shaking. that is correct. this is a subjective judgment. so in designing the app, you have to make a decision on that. there's a fair amount of research looking at places like japan and mexico. there's some sense that people don't mind getting an alert ...

Their lowest level in three years. people looking to refinance a mortgage know that to be true. what do you make of that? >> yeah, it's true. again, my headline story is that people in global bond markets think the u.s. bonds and european bonds are close substitutes. the europeans and the japanese and other countries are still engaged in really aggressive monetary policy, which is making, say, 10-year bonds and all other currencies have really, really low interest rates. so that makes the u.s. 2% look like a really good deal. because we're close substitutes, our interest rate isn't set just by...