stadium in guessing here where tonight's game will be taking place is due to be a correspondent jonathan harding good to see you jonathan germany unfortunately already relegated in the nation's a league but this game is still important for team germany. it absolutely is this important for this team to show that they can still play the quality of football that's expected from them we haven't seen very much of that in turn eighteen so it's about time they got a good performance and it's important for your group to show that he's the right coach going forward into twenty nine hundred nineteen to twenty twenty but it is also important for germany's twenty twenty euros hope because after all their ranking in the nation's league will affect best seeding for the tournament so there is if not everything to play for quite a lot to play so is this a make or break match for you he live. i don't think so i think the window for you to leave also no longer be germany's head coaches possed it was a very small time that germany could have made that decision but now he will be the head coach going forward who pr

jonathan: well, it is hard to tetell. have s seen in news reports se extracts f from his diary, w whe he clearly knew th i it wa dangerous s to try and apppproah them. and the quickest google sech would have told hihim that. and he should have known that it was an extremely foolhardy thing to do from the point of view not only from his own life, but putting the lives of the sentinelese themselves at risk. but for some reason he chose to continue and to try to make contact. and it is really a tragedy obviously for him and his family, and potentially a tragedy for the sentinelese because there is no way of knowing yet whether they may have been infected already. brent: yeah, that is a very good point. jonathan with survival international joining us tonight frfrom london. jonathan, thank you. jonathan: thank you. javier: the chief economic advisor of a european insurance giant says crypto currencies are here to stay. and according to news station bloomberg, nasdaq is moving ahead to list bitcoin futures as early as the first

jonathan: to what degree? tom: hard for me to say degree. i just think about, ok, i'm going to up my issuance. got to have a trillion sort of number. central bankers are not going to be the buyers for some time. they are not. the buyers i'm going to need to have tend to think in terms of real return. so then i have to think through, ok, what real return number is it? a 1% real return number? 1.5%? that part i don't necessarily know. if i have 2%, 3% cpi, all these things should probably yield more than 3%. jonathan: let's ask you guys. what number is it? what number is it, andy? andy: treasuries are some of the best risk-adjusted investment. the challenge for the broader market is you have been conditioned of 10 years of q.e. and zero returns on cash. there is still trillions of dollars sitting there. you start looking at a short, high-quality fixed income. it starts looking reasonable on a risk-adjusted basis, particularly with something more exotic like equity colleagues. jonathan: you have to think it was attractive on the front end. and

jonathan karl tonight. >> reporter: he's campaigned hard, and now president trump is back at the white house, waiting for returns. he has said he has no idea how it's all going to turn out. >> you know what you do? my whole life, you know what i say? don't worry about it, i'll just figure it out. does that make sense? i'll just figure it out. >> reporter: he's been all in. >> i did a lot of stops. i saw a lot of people. i saw a lot of make america great again hats. >> reporter: 30 rallies in 20 states since labor day. his closing message has been big on fear of illegal immigration. >> if you want more caravans and more crime, vote democrat. >> reporter: over and over again, he's urged his voters to vote as if he himself is on the ballot. >> and i'm not on the ticket, but i am on the ticket. a vote for david -- a vote for marsha -- a vote for morrisey is a vote for me. >> jon karl with us here, and jon, take us inside the white house tonight. is the president prepared for the possibility that the democrats could take back the house? >> reporter: he is absolutely prepared for the possibility of a democrati

they're a bit of a hard group to pin down and get to the polls. >> jonathan, that's your take on reaching out there? >> you know what, i think it's interesting, dara, as laura was referencing a hard stance on immigration from president trump. obviously, he's got his views, but he really focused on that issue, talks about the caravan that suddenly is not something he's talking about a lot anymore. when you saw as he was trying to get republicans out for senate races in deep right states is a recession of support for republican candidate in swing -- house districts and particularly in areas with large latino communities. what i heard from republicans surrounding us, they were fearful that he might lose some house seat. we saw a majority of hispanic district lose. john culbertson, about 30% hispanic population, lose a fairly close race and pete sessions in texas, 32nd district around dallas, a 25% hispanic population, he went down on election night. whether that had to do -- everything had to do with the president's stance on immigration or not, those are certainly examples of candidate who

jonathan zealot from kenya remembers hearing that studying hard would one day allow him to buy an important product razorblades he didn't understand why at the time he was still young. cocoa pull my own career from pakistan told us about a math teacher who was a major inspiration he credits her with his love for members. and his teacher wrote back saying she was glad to hear it and always did her best. book group then replied again saying his success in the subject had a love to do with her encouraging smile. thanks to both of them and all the rest of you for sharing. with help from role models children can also make things happen pakistani activist malala yousafzai for example says she was inspired by her father and only ten felix finkbeiner from germany founded the plant the planet initiative with other kids he organized planting projects based on ideas propagated by one gallery much like. the nobel prize winning activist. and there are many other inspiring young people trying to make a difference let's meet one of them. more than five billion tons of plastic trash now litter our oceans t

jonathan: we are straight into the politics. where is it going? opec and the outcome of the meeting. priya: it is very hard. e is not a lot of conviction. our view is this is mostly a supply issue enough to much demand. it should start heading higher but there is not a lot of conviction. jonathan: no one is talking about the ecb either. krishna: i think ecb is in a far worse situation than the fed. the underlying strength in the european economy with emerging markets doing far worse than they were fears ago. the strains are quite significant. is still that at some point the have no choice but to stop and rates are remaining lower for an extended period. jonathan: can i get a positive rate above zero? priya: i think they would love to what they have to have a lot of things going in their favor. we have had a one-off issue. mistake, is make a don't buy the one-off argument. is how systemic is the issue. i think it will stop qe. they are running out of bonds and we have to stop qe. summer, fall come into winter, we are trying to normalize rates but i don't know if they can do that. jonathan: this is the rapidfi

jonathan ferro. this is "bloomberg real yield." coming up, the jobs report coming in hard. payrolls delivering a surprise. treasuries under pressure, yields climbing ahead of next week's big slate of auctions. in the worst month for junk bonds since 2015. we begin with the big issue, a hot payrolls report. >> a solid job report. >> now we are seeing the wage growth that everybody said was impossible. year-over-year were above 3%, so that is a very psychological level. >> the underlying strength is good, and that is what we are seeing before we jumped up to this 3%, 4% jobs growth rate. >> growth is strong. the fed is going to keep going. >> the first derivative of growth here is stable to a bit slower. >> great for the economy. coppola fed policy discussions, and it means the markets will remain unstable. jonathan: joining me is andy, adam, and tom. this looks solid. what do you see? >> it is solid. it is broad-based growth in the jobs report today. invesco to not look at any one data point, we look at the trends, and the trends are pointing to growth numbers around 2.8% ne

jonathan hunt is live in malibu. the destruction is just hard to believe.. we're seeing opl picture of flare-ups as well there today. >> reporter: just in the last hour we had a major fire flare-up. this was north of us across the santa monica mountains behind me. in this areas called lake sherwood. flames didn't take hold in an area where there were a lot of homes, but it was close enough to them that it triggered a pretty extraordinary response as the flames and smoke rose into the air. we saw a fleet of aircraft battling the flames. first of all helicopters going to be at nearby lake sherwood dropping the buckets into the water, bringing it back and dropping that into the flames. then the fixed aircraft wing coming in with the flame retardant. they appear to have gotten a handle on that. it is a very clear demonstration that we are not out of the woods by any means here yet in southern california. those santa ana winds not as strong as they were over the weekend when so much destruction was done. but they are strong enough to keep everybody very much on

it's hard to imagine he's the very highest a-plus. >> jonathan lemire, i can't imagine him answering that question any other way. >> that's pretty stereotypical donald trump answer. i don't know that he has opinions about james buchanan. the presidents he's trying to compare himself to are andrew jackson and mckinley. this is someone very quick to claim ownership of a victory and wants nothing to do with a defeat. we interviewed him a couple weeks before the midterms and asked him if the republicans lose the house, which, of course, they did, would you accept any responsibility? president george w. bush did. president obama famously said shellacked. and his answer was very simple, no. he wanted nothing to do with it. he reiterated that when chris wallace tried to ask him. he kept interrupting him and saying we won the senate. we kept the senate. in the white house, that was the priority. more of their agenda can get done with the senate. they can still get cabinet member replacements confirmed. they need the senate for things like trade and so on. the house is less important and, of

hard to take. >> reporter: there are stories of hope like jonathan clark, who has been searching the shelters lookingbrother and his little boy, finally finding them and face timing their mother together. >> hi. what's up? >> just giving you some good news here. >> what? >> i'm so glad you're okay. >> reporter: in many ways, scenes like shelters like this are heart warming. donation are pouring in to help the 200 or so fire evacuees staying here. all over town there are signs vowing to rebuild in the midst of so much sadness and loss. hash tag paradise strong is trending. >> dana: as it should. claudia cowan, thank you. nancy pelosi's facing opposition as 16 democrats sign a letter for new leadership. will it derail her bid to become speaker once again. the zip code you're born into can determine your future. your school. your job. your dreams. your problems. (indistinct shouting) but at the y, we create opportunities for everyone, no matter who you are or where you're from. for a better us, donate to your local y today. but he has plans today.ain. for a better us, hey dad. so he took aleve. if he'd

hard brexit, nothing happens. if you kick the can, you get paid very well. we are about 6% to 7% yielding euros. jonathanhave even increasing exposure to italian bank read it in the last month? alberto: we havejonathan: reduce andpean exports in q1, after the summer we have been buying. italy has long-term issues but you have the same spreads, the same return in spain or the u.k. as well. trading barclays' debt wider than a latin american country which has elections and an unsustainable debt burden. there is an extreme premium. that is potentially an opportunity. if you look at emerging markets or u.s., valuations are not as wide in europe. jonathan: you are going to stick with me. alberto gallo, henry peabody and mary bowers. coming up, the auction block. changing arrangements for $750 million leverage loan. this is "bloomberg real yield." ♪ jonathan: i am jonathan ferro. this is "real yield." we start with more issuance from the u.s. treasury. the one that made a lot of news, the $19 billion and 30-year bonds. they in the lowest level since 2009. it was awarded at a four-year high above the prevailing

you is going to happen, if you do not have a hard brexit, if you kick the can, you get paid very well. we are talking about 6% and 7% yields in euros. jonathan: have you been increasing exposure to italian bank credit over the last month? alberto: we have reduced some european exposure in q1, and after the summer we have been buying. italy obviously has long-term issues, but you have the same spreads, the same returns in spain and the u.k. as well. you have barclays debt trading wider than latin american countries, which have elections and a very unsustainable debt burden to give you an idea. there is an extreme premium, and that's potentially an opportunity. if you look at emerging markets or the u.s., valuations are not as wide as in europe. jonathan: guys, great to have you with me, alberto gallo, henry peabody, and mary bowers. the auction block. spacex is set to change its $750 million leverage loan. this is bloomberg. ♪ jonathan: i am jonathan ferro. this is "bloomberg real yield." i want to head to the auction block now, where we start with more issuance from the u.s. treasury. a ton of issuance this week, but the one that made a lot

jonathan: i want to go through some final questions. it is the rapidfire around. you know what happens, so let me get this hard get it moving for you. do you buy the investment grade weakness or is there more to come? gershon: more to come. kathleen: lots more to come. james: lots more to come, i'm afraid. jonathan: rate hikes in 2019? three options -- three, more than three, or less than three. gershon: more than three. kathleen: three. james: more than three. jonathan: have we seen the high for the u.s. 10 year yield in this cycle? have we seen the high? yes or no? gershon: ask me next year. kathleen: no. james: no. jonathan: really interesting stuff in a fascinating week for global fixed income. kathleen gaffney, james athey and gershon distenfeld. from new york city, that does it for us. we will see you next friday at 1:00 p.m. new york time, 6:00 p.m. in london. this was "bloomberg real yield." ♪ >> the longest losing streak on record. one culprit appeared deteriorating margins. restoring soybeans rather than selling them after prices fall $.15 engine. pricing power. ceo jeff miller says it will return af

going to happen, if you do not have a hard brexit, if nothing happens, you just kick the can, you get paid very well. we are talking about 6%, 7% yields in euros. jonathan: have you been increased and exposure to italian banks credit over the last month? alberto: we have reduce some european exposure in q1. after the summer we have been buying. italy has long-term issues, but you have the same spreads, the same returns in spain or the u.k. you have barclays' debt trading and latin american countries which have elections and an unsustainable debt burden. there is an extreme premium. that is potentially an opportunity. if you look at emerging markets or ask, valuations are not is wide in europe. jonathan: guys, great to have you with me. coming up, the auction block. spacex is said to change its $750 million leverage loan. this is bloomberg. ♪ jonathan: i am jonathan ferro. this is "bloomberg real yield." i want to head to the auction block where we look at more issuance from the u.s. treasury. $19 billion of 30 year bonds with a ratio that it does -- that hit the lowest level since 2009. 3.42% above the bidding rate. on the corporate side, investment-gra

animals and people coming in from the streets, it's hard to control everybody.but we're trying out best to keep everything clean and sanitized.">sarah and jonathan starr are trying to take it day by dayafter losing their home in paradise to the deadly camp fire.they are seeking refuge at the chico wal martwhere the parking lot is covered with donations for fire victims.rob busick is a volunteer, he calls this a short term solution to a long term problem.michelle desoto also lost her home in the blaze - but considers herself lucky and is grateful for a place like this.

just hard-working americans, many of them, my friends they have lost everything, charles. charles: jonathanrry to hear that. it is so devastating. our prayers and thoughts with everyone there. thanks a lot, jonathan. >>> just moments ago president trump thanking first responders in california. >> we mourn the lives of those lost and we pray for victims and there are more victims than anybody would ever even think possible. i want to thank the firefighters and fema and first-responders for their incredible courage in the face of very grave danger. yesterday i signed a disaster declaration for the state of california. we will do everything in our power to support and protect our fellow citizens in harm's way, and we say, i think as a group, i can tell you as a group, god bless everybody. that is a very tough situation. charles: joining me now, rabbi kaplan of the shalom institute in malibu which suffered major damage from these fires. rabbi, thanks for joining us. >> you're welcome. thank you for having me on. charles: first, if you can, please, share with us, you know, because it is hard for

hard to muddy the waters. >> how much are you paying attention to this last gasp, as jonathan altar called it, giving what we're seeing with them churning out the path going forward come january? >> i think it's another example of what i think the current members in the house have excelled at, which is selective outrage. where was this committee when donald trump, who is the subject of an investigation, who is the target of an investigation, met with rod rosenstein who was in charge of basically this investigation into russia. where was the outrage? where are the committee hearings for that? so i think this is yet another example of what we have seen in the past two years from this congress is you have selective -- so you'rout raged about this, but you're not outraged about that. and we're seen, and we're going to talk about it later with ivanka's e-mails. where are the lock her up chants? >> tim o'brien, help us understand the psychology of this president, the need that he has to have a foil, somebody to fight against. and i guess there are many at this point, but adam schiff is certainly one of them. there is

animals and people coming in from the streets, it's hard to control everybody.but we're trying out best to keep everything clean and sanitized.">sarah and jonathanre trying to take it day by dayafter losing their home in paradise to the deadly camp fire.they are seeking refuge at the chico wal martwhere the parking lot is covered with donations for fire victims.rob busick is a volunteer, he calls this a short term solution to a long term problem.michelle desoto also lost her home in the blaze - but considers herself lucky and is grateful for a place like this.

people coming at you so hard, that if you don't fight back in a somewhat vigorous way, you're not going to win. >> let's bring in former director of new york city, and jonathanical columnist shermichael. jonathan, what did you take away from that interview? >> well, it's just wonderful when you watch the president of the united states lying. so, he says, i'm upbeat. it's a well-oiled machine here in the white house. i have nothing to hide. i haven't done anything wrong. what he's really saying is, according to a lot of reporting, he called it fake news, a but a lot of reporting, what he's saying saying, in truth, i'm in a lot of trouble. i'm freaking out. the wheels are coming off with things here at the white house. and, hey, i've got a lot to hide and i'm nervous about it. so, you have to kind of know that he's a liar who's told more than 6,000 lies already in his presidency. you watch that through that lens. >> what about you, what stood out to you? >> a few things that stood out. when you talked about matt whittaker not knowing his previous comments on the russian investigation or the mueller investigation, to me, that points out a huge problem. as someo

jonathan doren. and editor for the "washington post," david ignatius. david, it's hard has concluded, what the intelligence has concluded, what the world community has concluded, what our allies have concluded and what donald trump said yesterday. how do we square it and how do we move forward as a country trying to be the leader of the free world? >> joe, this was as cold-blooded a statement as i can ever remember being issued by a president. it was in very unpresidential style, almost a chatter, a shout you would have from the president with the tape recorder running. it began by saying america first, with an exclamation point, and the subtext for me throughout was "values last." the president, as you said, put aside the judgment of the cia that the crown prince of saudi arabia, mohammad bin salman, very likely was responsible for the killing of my colleague and friend, jamal khashoggi, and trump said maybe he knew and maybe he didn't, but the implication was he didn't really care. he was going to make his decision based on u.s. economic interests, saudi oil, weapons

hard border in ireland after brexit. we arejoined by we are joined by our political correspondentjonathan we are joined by our political correspondent jonathanwith parliament and recessed and a lot of mps are away but the business of brexit goes on. as you say, cabinet ministers were invited into downing street earlier today to read the draft withdrawal agreement, that is the 95% of that thatis agreement, that is the 95% of that that is complete. the remaining 5% and the trickiest of all of the remaining sum block still in negotiations between the uk and the european union how to avoid hard border in northern ireland if a trade deal in the future economic relationship as it is referred to can cannot be implemented in time by december 2020. the eu and uk both agree that something needs to be put in place there, referred to as the backstop but they cannot quite agree on backstop but they cannot quite agree o n exa ctly backstop but they cannot quite agree on exactly how it should be and various other details causing problems, namely whether it should apply to northern ireland only or the united kingdom as a whole, whether northern ireland or t

. >> reporter: jonathan shiper, the only african-american student in the photo, says his classmates aren't racists but tells abc news how hards been for him now that the photo is out there and in particular because of this now-deleted tweet captioned, we even got the black kid to throw it up. >> people just hitting me up like are you the kid from that picture, like why would you throw that up like you clearly see in the picture my hands is to my side. i was minding my own business. i wasn't even looking at the camera. >> reporter: he says the hand gesture used by one classmate that some thought was a white supremacist sign was actually an unrelated joke. >> you go like this. you put it down here. whoever looks at it you get to punch them. that's what he was doing. he was making a joke. >> reporter: both school officials and police are looking into the matter. the school district says they are investigating the situation and is working with parents, staff and local authorities. if the gesture is what it appears to be, the district will pursue any and all available and appropriate actions. they are planning a community meeting

jonathan, thank you. there are 36 races for governor across the country. some appear to be locked tonight, but others are a very tight contest. in kansas, democrats are trying to push hard to turn a reliably red state blue. correspondent molly line is in wichita tonight. good evening. >> good evening, bret. remain red. that's the catch phrase republicans are touting here in kansas. perhaps the most vulnerable see to defend is the governor's chair. it's the republican secretary of state crisco back best known nationally as the ardent advocate of strict voting rights against aurora kelly. gain momentum after sustaining support from every governor except sam brownback. >> they feel like i'm the one which puts us back to our roots as a great state to live in, to work in. >> backed by president trump who won by 20 points in 2016. welcome to the president to kansas last month for a big rally in topeka. >> the president is well-liked in kansas. certainly helped me in the primary. it's going to help in the general election too. a lot of these gubernatorial races in some ways a referendum on the president. >> there is a third party candidate in this race, third party candidate g

hard to do that. >> reporter: but you'll vote for her? >> i will. >> she's vote for her still, jonathan. racism is not a deal breaker for a lot of voters. >> yeah. no. this is as much a cultural vote as it is a political vote. mississippi, to e.j.'s point, is a fortres. it is a fortres of conservativism and republicanism. it unfortunately is a fortres of racism. sure, hyde-smith is running a campaign not unlike president trump's in that she's not backing down off of anything that is reported that, you know, she has said in the past, done in the past, done in the most recent past. she's not apologizing. and i think that, you know, mike espy is doing the best that he can with the circumstances that he has, and the ad that you showed, it is notable that he didn't -- the voiceover never uttered the words that she is -- that she has heard on tape saying. they printed it on the screen. and the argument that's made is an economic argument. he's making the argument that, you know, this person is going to enhance, bolster the r reputation of mississippi of backwardsness. and the other thing that

in place to avoid a hard border between northern ireland and the republic of ireland, in the event of the uk leaving the eu without a trade deal. our political correspondent jonathaners what the reaction of europe will be to this? they might not be best pleased because they differ to the uk in terms of their position over this missing piece of the jigsaw, terms of their position over this missing piece of thejigsaw, the final 5% of the withdrawal agreement which is britain's exit agreement with the eu on the terms of brexit. in the last few days the discussion has been very much on the backstop, the insurance policy both sides have agreed they should have if a trade deal can be done and put in place in time by the end of the transition period in december 2020. they agree it should be there but they can't agree on how long it should last and whether one side or the other should be able to remove themselves from the agreement. when and if they chose to do so. we have been hearing from some cabinet ministers on this rubbing going over the text of the d raft rubbing going over the text of the draft agreement and the international trade secretary, liam fox, said earlie

jonathan. reporter: good morning, maria. thousands of families remain evacuated from this area of southern california, where the woolsey fire has hit so hardareas, for i would say at least another 24 hours take a look at what hundreds of families are going to come back to find when they are eventually let in. everything they have built over lives, everything they have worked for, completely and utterly destroyed. it is a similar story, up north, the camp fire near chico, california as i mentioned becoming officially the dead will liest state histo2 people killed in that fire more than 100 unaccounted for the entire town of paradise is basically wiped out. listen here to the fire chief. >> it is absolutely heartbreaking to drive through paradise see level of destruction my family lost their home in the fire my parents did, my grandmother did. >> president trump tweeted last night that he has now approved an expedited marriage devastate declaration for california that tweet coming in wake of tweets over the weekend, in which he was critical of california's forest management. that sparked a firestorm criticism now changing his tune a big trib

hard working georgians. >> with the leadership of the governor taxes were cut in georgia last year and with your help i'll do it again next year. >> bill: southern georgia we go. jonathane is live. what are the candidates doing on the final day, jonathan? >> well, brian kemp is flying around the state holding airport rallies. we expect him to come in here any minute. stacey abrams is holding a bus tour of the state. kemp is concentrating on social conservatives and hope the sunday rally with president trump breaks the statistical tie. at the rally president trump warned of economic calamity if kemp's opponent wins the governorship. >> president trump: she supports a socialist takeover of healthcare. you will never be able to see your doctor. you put stacey in there and you'll have georgia turn into venezuela. i don't think the people of georgia like that. >> stacey abrams base will be in more urban areas like atlanta and savannah where her bus tour began this morning. she is making the case progressive policies will benefit rural georgia to expand medicaid to stop the trend of hospitals closing. >> as secretary of state in georgia brian kemp oversees elections in the s

place to avoid a hard border between northern ireland and the republic of ireland, in the event the uk leaves the eu without agreeing a trade deal. our political correspondent jonathany the end of the transition period at the end of december 2020. both the eu and the uk agreed there should be a passed out but they can't agree on how long it should last or whether one site would be able to pull out unilaterally whenever it wanted to. some in cabinet are very much at the view that the uk should have that option two and a customs arrangement which the uk would be in with deq whenever it wanted. and we heard from the international trade secretary liam fox early aunt who is very much on that side of the argument. we have an instruction from our voters to leave the european union. that can't be subcontracted to somebody else. it needs to be issued from a sovereign british government to be able to determine it. now hanging over all this wrangling isa now hanging over all this wrangling is a very pressing timetable. the government says it's still possible and very much hopes that a deal can be done by the end of november. for that to happen all eu heads of government would