but sometimes the animals take care of the inmates. >> you're a good girl. >> loomis says caring for the horses has helped him cope with the anger problems with brought him to jail. >> i'm bipolar and i'm also diagnosed with post-traumatic stress disorder syndrome. i stopped taking my medications and i started going off and blowing up at home. i'm starting to lose my temper, starting to do things that i normally don't do. and next thing i know, the cops are at my door and i'm getting arrested for domestic violence and criminal damage. and now i'm here doing my time. my mom owns race horses. she is a training owner. it's a loving, caring thing. you know. she babies the horses like they were little babies and i learned to do the same thing. you got to have love and care for them. if you don't, what good is something if you can't really show it love? love is a big thing in the world and we all need it. horses are very beautiful. they're strong, fast, but yet they're very gentle if you train them right. i can't explain it. it is just a love for them, you know? you've got to have it. you

normally we're at home in los loomis watching them from the backyard. this seemed like the place to be today. >> reporter: for one family from san ramon, pitching a tent at aquatic park is a way to celebrate a country they love. >> the traditions of the united states. >> that's why actually i'm thinking deeply. that's why we are here. happy. >> reporter: security was on the minds of some. one woman says she's always vigilant in large crowds. >> i always stay toward the outskirts. if i see anything aggressive i go toward the outskirts. >> so you can get away quicker. >> yes. exactly. >> we see police officers walking around but they seem to be on their game and seem to be watching everything so we feel pretty safe. >> reporter: people say this is a day to remember and celebrate what this country has to offer. >> we are able to be free in our united states while there's army and soldiers fighting for our freedom. >> 10,000 effects were fired from two barblshz, one from here at aquatic park, the other off of pier 39. the 25-minute long show is always among

i think there was a loomis understanding when the release came out in terms of what products they werergeting. just the newis products coming to market, the newly de-and products as they're called in the industry, it will only affect those companies to the extent that investors were looking at those products as the future growth engines of these companies. which could be material. as many of you know, austria and phil morris international have a market, which to could come to market as early as this year. if that is off the table or have to be modified, that could be a problem. shea thereen from a princeton europe, thank you. let's check on the first word news with courtney donohoe. courtney: north korea has fired another missile. there has been speculation that kym johnson's regime would test fire a missile to mark the 64th anniversary of the end of the korean war. president trump is renewing his call for the senate to change its rules. the president tweeted today that senate republicans are going to pass great future legislation that they must immediately go to a 51 vote majority. pr

normally we're at home in los loomis watching it from our backyard so this seemed like the place to be today. >> reporter: for one family from san ramon, pitching a tent at aquatic park is a way to celebrate the country they live. mom is from mexico. dad, afghanistan. their two sons american born. >> we wanted them to see the traditions in the united states. >> that's why actually i'm thinking deeply. that's why we are here. nice, happy. >> reporter: security was on the minds of some. one woman says she's always vigilant in large crowds. >> i always stay toward the outskirts. if i see anything aggressive i go toward the outskirts. >> so you can get away quickly? >> exactly. >> we see police officers walking around but they seem to be on their game and seem to be watching everything. so we feel pretty safe. >> reporter: people say this is a day to remember and celebrate what this country has to offer. >> we're able to be free in our united states. while there's army and soldiers fighting for our freedoms. >> 10,000 effects were fired from two barges, one from here at aquatic park, the o

loomis is trading higher.is where we sit on the equity markets, but that is as we indicated not where the main action is. the bond selloff is a sign of more to come for the treasury markets. the added 10 year treasury yields could move towards 3% this year. the back end of this year. act with us, andrew wilson, the ceo of goldman sachs asset management and cohead of global fixed income. good morning. that is your target as well, isn't it? andrew: we have seen a real shift over the last couple of weeks. talkingaghi started it about the need to remove accommodations and talked about tapering of their purchases, so it changed the sentiment. i would agree. the under menton -- the underlining fundamentals are solid, broad-based, and the fed is on this move to continue to raise interest rates. the expect the details around the tapering program as well in a september. there is some chance of july. there is a sentiment shift. the bond market is telling you the world is getting better, and the central banks need to sto

this one, steven loomis, the president of the cleveland police association, part of his statement saying not surprisingly trump's comments have been completely taken out of context by the racially exclusive and divisive profiteers seeking to call into country his support of all law abiding citizens and the law enforcement that live and work among them. 10 more minutes of your calls on this topic. let's go to smyrna, georgia, next, democrats line, and hello to robert. good morning, robert. caller: good morning. i'd like to bring up a point that occurred more than 20 years ago, and given what i normally hear from your audience, i'd say that probably 90% of the people that demall here are definitely old enough to remember this, and i'm referring to the central park jogger case. after that woman was beaten into a coma that lasted for a very long time, the police arrested several black kids. not long after the arrest, donald trump took out a full-page ad, i believe it was in the "new york times," saying bring back the death penalty for these kids. the call that came from oregon, they suggeste

unchanged.icies tim adams, president and ceo of the loomis sayles finance.hart showing the u.s.-credit spread softening. this shows that the three 2000.ts in spreads since my question is, are we in such an unprecedented time of quantitative tightening that there is not much we can learn from history in terms of where spreads go from here? george: i think history is very instructive to where we are today. there is tighter monetary policy and tighter conditions are what the trigger the end of a credit cycle and economic cycle. central banks have been heavily involved in keeping credit conditions as loose as possible. is movingat the fed toward a tighter policy and they are slowly and steadily tightening rates. that will eventually tip the market here go back to the chart you put up, there were long periods of stable credit spreads that led up to that sudden spike wider. that came, usually, after hikes. significant rate the mid to thousands was after 17 rate hikes it took until we actually solve credit spreads -- saw credit spreads start to react. linchpin, sor