we can talk now to jonathan barclay, who is green party co—leader. you may know him as.party local councillor here in streatham and this is actually your word and you live very close. what was the first you had heard about what happened here this afternoon?” you had heard about what happened here this afternoon? i was literally just in my house about to make some lunch. my partner went out to get some additional items and there was a shout and a woman said, there's been a shooting. another woman next to her burst into floods of tears and said she was worried about her daughter and a real sense of disbelief that a shooting could happen and of course when the police and said very quickly that this was and said very quickly that this was a terror —related incident, absolute stand community. can't believe this would happen in streatham. we celebrate our diversity. you can walk down this road and i have done for 20 years and you'll hear dozens of different languages being spoken in different accents and it is one of the things that make streatham great. we celebrate that incl

jonathan: u.s. high yield on the barclays spread around 3.40. where do we go from here, 3.20 or 3.60? james: 3.20. ed: 3.20. jonathan: greek 10-year yield, around 1%. 1.50 or 50 basis points? 50 basis points or 1.5% winifred: 50 bps. james: 50 bps. peter: 1.50. jonathan: jim keenan, winifred cisar, peter tchir, thank you for joining us. from new york city, that does it for us. if you are stateside, enjoy the long weekend. over in london, see you next friday at 6:00 p.m. this was bloomberg "real yield." this is bloomberg tv. ♪ john: hello. i am john micklethwait in davos. if you are interested in the rise of protectionism and the consequences to the world economy, then there is no better place to look than singapore. the free trading hub that has remained the friend of china and america until now. please join me for a conversation with lee hsien loong, the long-standing prime minister of singapore. you sit in the middle of two big things, you have the u.s.-china relationship or the lack of it. you also have this current tide of nationalism, protectionism. you are unusually open and reliant on free t

jonathan: u.s. high yield on the barclays spread around 3.40. where do we go from here, 3.20 or 3.60? james: 3.20. fred: 3.20. jonathan: greek 10-year yield, around 1%. 1.50 or 50 basis points? 50 basis points or 1.5% inifred: 50 bps. james: 50 bps. peter: 1.50. jonathan: jim keenan, winifred cisar, peter tchir, thank you for joining us. from new york city, that does it for us. if you are stateside, enjoy the long weekend. over in london, see you next friday at 6:00 p.m. this was bloomberg "real yield." this is bloomberg tv. this is bloomberg tv. ♪ francine: mark carney will soon end his term as governor of the bank of england. carrying the u.k. economy through crises and years of brexit related uncertainty. a high-stakes, divisive issue that has been impossible to forecast. good preparation for his next job, tackling climate change. born in 1965, the young mark carney dreamed of greatness in the world of economics, getting a doctorate at oxford. carney spent 13 years at goldman sachs, then entered public service, eventually governor of the bank of canada.

jonathan: u.s. high yield on the barclays spread around 3.40. where do we go for, 320 or 3.60? james: 3.20. fred: 3.20. jonathan: rick 10-year yield, around 1%. 1.50 or 50 a good? ? 50 basis points or 1.5% winifred: 50 bits. james: 50 bits. peter: 1.50. jonathan: jim keenan, winifred cisar, peter tchir, thank you for joining us. from new york city, that does it for us. if you are stateside, enjoy the long weekend. over in london, see you next friday at 6:00 p.m. this was bloomberg "real yield." this is bloomberg tv. ♪ mark: i'm mark crumpton with bloomberg first word news. federal prosecutors have decided not to file any charges against former fbi deputy director andrew mccabe. the justice department's inspector general had accused him of repeatedly lying about authorizing a subordinate to share information with a newspaper about an fbi probe into the clinton foundation. mccain has denied he intentionally misled anyone. is 2018 firing was politically motivated. defense officials are standing behind her decision to divert nearly $4 billion in funding for military aircraft and other programs t

barclays do now? if you are jes staley, how do you get the metrics up? -- isa little too little it a little too little, too late? jonathanthere is no growth. you look at mortgages, it is a horrible place to be because it is competitive. the only way he can grow revenue is swinging the bat or changing revenues. swinging the bat means trading. they had three or four good quarters in a row. they missed on equities. i think most people expected a much bigger beat. if the trick was investment banking will deliver, we are questioning whether -- why are they so far behind u.s. banks this quarter? unfortunately, what can we do? i struggle. tom: thank you so much. greatly appreciate that. in new york city, here is viviana hurtado. viviana: we begin with the chinese province at the center of the coronavirus outbreak. it reports the number of cases soaring to almost 50,000, raising questions about the scale of the crisis. there was hope the epidemic was easing. the death toll has risen above 1300. oil industry leaders privately telling the trump administration the trade deal with china is unrealistic and they say the u.s. will stru

barclays. mr. bloomberg is the founder of bloomberg lp, as he moves to the nevada debate as well. this is really important. our jonathan feast and revenue is the great -- immovable feast and revenue is the great -- >> we will be surgical and ruthless and terms of targeting those parts of the business. ♪ francine: this is bloomberg "surveillance," tom and francine from london and new york. 15% of itsd with cost cuts of $4.5 billion and facing challenges of the coronavirus and protests in hong kong. the model of hsbc is in question. spoke to us about the plans. >> we are shrinking in areas where we have clear underperformance and long-term sustained competitive advantage. equally what you see is investment in parts of the business where we have competitive advantage and can grow. we are doing both of those things. interestings an comment from one of the shareholders that laid the options as fairly binary. you are saying you are balancing those two sides of the coin. are you happy you are getting the balance right from those binary options? >> we think this is the right thing for the bank to do, the right plan for now. to