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Secretary of state Rex Tillerson testified last month before a Senate Appropriations subCommittee Hearing on his departments 2018 budget request. The Trump Administration wants to get 30 of the budget for the state department. South carolina senator Lindsey Graham chairs this twohour hearing. The subCommittee Hearing will come to order. Id like to welcome secretary of state tillerson. We need to increase defense spending. But once you do that, then if youre not going to deal with entitlementeds, you have to go to nondefense discretionary funding to find the off sets. And this account gets pret...

Tillis. Welcome. Senator john kennedy, welcome. Chris van hollen. And senator katherine cortez. We appreciate all of you, and im sure i speak for all of the regular members of the committee that we welcome you and look forward to. To a lot of good work. Earlier members of the committee. [laughter] i was told by both sides to speak for myself. I look forward to working with all of us on the committee all members this year. I look forward to working with all of us on the committee all members this year. This committee has a long and distinguished history of tackling important issues and this con...

My colleagues across the aisle speed of the committee will come to order. I now recognize mr. Rokita with the purpose of a motion. Thank you, madam chair. I have a motion at the desk is. The clerk will read the motion spin t motion offeredy mr. Ita, the committee on the budget direct its chairman to express the support of the Committee Prior to the consideration of the rule for the American Health care act for state disability in the design of the Medicaid Program. Mr. Rokita is recognized for gamers with one minute resort to close spirit i think the chairman. Ladies and gentlemen i want to co...

Topix slipping. A little bit of a weakness of feeding through. In terms of the dollar comest ready after a twoday decline. Taking a look at the 10 year treasury yields. Treasuries recovering a little after thursdays decline. Yieldrs yield 10 year down one basis point. Global stocks on course for their best week since january after the feds dovish hike and after the results of the dutch elections. Volatility coming down. Moststoxx 50 dropped the in yesterdays session. Nikkei volatility, dropping to the lowest since 2014. As investors turned their attention to the g20 summit, the bloomberg belly...

That caucus dissension from christian forms, pushing up gilt yields. Lets take a look at the 10year yields. These markets are opening now as well. Were looking like we are up one basis point on the 10year yield. We are seeing 10year yields move higher in france and germany as well. The frenchgerman spread widening ever so slightly. 10year gilt yield, 1. 26 present. Looking at the stoxx 600, who cite close at its highest since december 2015 yesterday. Euro stoxx 50 volatility dropped the most on record. 600, bit ofhe stoxx a softer open on the benchmark overall. In terms of Industry Groups, tak...