BLOOMBERG Bloomberg Surveillance July 12, 2024
To see a two year yield come in and a 10 year bond coming in with a vengeance. Coming in is that signal slowdown, massive curve flattening. Jonathan 10year yield breaking down. We are down eight points on the s p 500. Lisa, phase one was about access to capital and drawing down credit lines. Phase two is about the permanent decisions, cuts and layoffs. That is what has been building this week. Lisa we have seen those cuts and layoffs likely to be ongoing with a number of cfos studies pointing at Bigger Companies looking to shrink their workforce further through the end of the year. The thing i...