joining us, steven england, head of research and strategy good morning to you.urns, health care and tech, flattering performance for the rest of the market oil the poor performer is that a concern for other sectors? at the moment, oil prices only played into the energy sector. >> i think the oil prices is being viewed as specific to oil, dealing with the risk that's a constant oversupply of oil, the rebound that most analysts were expecting beginning of the year isn't going to manifest itself neither are short term or longer term the market optimism, i think they feel notwithstanding what's in the da in the dark cloud of the fed and pulling back shrinking -- the process of normalization is slower no recession, no boom. fed sounds hawkish, but i think the market is getting enthusiastic. >> do you think yields are better indication of market sentiment than equities and 30 year deal we have not seen since november 9th is there anything pertinent in that move that you think investors need to pay attention to going forward >> i think there's risk it is overdone if yo

a san leandro police officer has been charged with two felonies. 40-year-old hayward resident steven england was wounded in the early morning incident on saint may's avenue. he is in the hospital in stable condition. investigators say england sped towards an officer who tried pulling him over, trying to hit him. england has been charged with auto theft and assault on a police officer. the officer who shot england was not hurt. >>> well, this afternoon the woman accused of putting meth in a 2-year-old's mouth remains in segregated custody for mother inmates at the alameda county jail because she assaulted a sheriff's deputy. the alameda county sheriff apps spokesperson said as deputies were booking her into the jail tuesday, she attacked the face of a female sheriff's deputy. that deputy is okay. thomas is no stranger to law enforcement. >> we have a long history with ms. thomas over the last several years. this isn't the first time that she's a ultimassaulted our staf members. we encountered her inner 2014 where three deputies were injured as a result of an encounter they had with her. >> th

england test captain alastair cook, who made 133. ryan ten doschate also made a century in the essex innings. but notts were always up with the rate. steven sixes in his century, while former england all rounder samit patel was the fourth century maker of the match and hit the winning runs in an incredible win. leeds rhinos are into the semi finals of rugby league's challenge cup after a 58—0 thrashing of featherstone rovers. leeds are a step closer to winning the competition for a third time in four years, running in ten tries against their championship opponents. in super league tonight, huddersfield beat st helens 24—16. wales caretaker coach robin mcbryde says he's ready to help out the british and irish lions if they call on any of his players to bolster the squad in new zealand. the lions face the new zealand maori tomorrow morning and coach warren gatland is set to call up a handful of players and wales are already in new zealand, having beaten tonga in auckland this morning. if that happens, we have not been short—sighted to get this far, the other side of the world. if the call comes, we'll support the lions gladly. congratulate

steven: there are many things that would drive the pound be on the bank of england's control.d fall dramatically depending on what happens. i don't think there is anything wrong with the gilt price as it is. there are people out there yields.for 2% gilt i would love to see 10% because the older i get, the more i need to save. it is the same for all of us. than is more money around ever before, too much money chasing too little yield. i do not see how we get out very quickly at least towards 2%. a with the big on hold for long time, and the data perhaps rolling over, i'm struggling to see what the impetus is for higher gilt yield's. one does not seem too far with from a reasonable level. i think we could stay around 1% for the 10-year for the next few months and people will even start extending the curve the on the 10-year if they think there is a chance of bait hikes -- think hikes. guy: that is interesting. you end up creating -- pushing the back and down sharply. steven: to believe that bank yields will go down, you have to believe there will be upsides to prices and the ban

the head of the nhs in england simon stevens said by 2020 health demand will outstrip the supply of moneyfrom year one or two. some of the health think—tanks and experts are saying none of them are and experts are saying none of them a re really and experts are saying none of them are really quite offering what's going to be needed. ok, have you two, i know you had a robust and good discussion. you still agree to sort of disagree, do you at this point? on a range of issues, yes. would that be fair aislinn. katie, we all talk about the nhs and we've just shown here, so many of us are users of the nhs. you've got a really positive story about the care that you and your family received? my little girl was diagnosed with a rare brain tumour in 2014. she under we nt rare brain tumour in 2014. she under went treatment in manchester. we could not fault the care that she had throughout the whole time being involved with the nhs. the encology ward in manchester, just a fantastic team. our story did not end the way we wanted to, gracie passed away backin we wanted to, gracie passed away back in mar

year, the drug was made available to nhs patients in scotland, and yesterday, simon stevens — the head of the nhs in englandvered, to my liver, my bones, my lungs and my lymph nodes, which means that it is stage four and inoperable and incurable. the two drugs that i was on and am still on are herceptin and matuzamab. they are effective for about 18 months but they had to be kicked off with chemotherapy. and what was that like, the chemotherapy? brutal, it was absolutely brutal. losing my hair after two weeks was just the least part of it. that was really not a problem at all. so you had been advised that kadcyla would be available for you when you needed it and it now looks as though it may well not be? absolutely right. so that is devastating because it means that the amount of good quality time that i thought i would have, and my family expected to have with me, has effectively been cut in half now. it is, it is pretty grim, being told that you only probably have about two years, give or take, to live, and then the first eight months of that has been severely compromised by the chemotherapy and now, if i

england delved himself and his own set up was to take matters into his own hands. that's okay reports. mmhm his family have worked this land for generations mmhm that steven dale had a different dream car nbi because i'm a follow why she encountered i come. nbi of seventy three stephen has sold almost all his lan. fund his passion. turning his shades into a free public gallery. harvesting work from leading international artists. what is it about art that you love so much? shapes. basically. simplicity of it. and how they use materials. more you study it more easily get after it. only started in the nineteen seventies when stephen was in london being treated for cancer. critically ill he walked out of bots hospital and by chance ended up in the tate. his first time in a gallery they're probably the most expensive so the world the controversial work known as breaks was on display and stephen was captivated. shades of gray is getting crease and decreasing and if you did not have spent seventy thousand pounds buying a similar work by colin dray. for his cabin would gallery beautiful. stunning deliver now would you. stunning in. you either like it or hate it.

england play new zealand in cardiff tomorrow. steven chance, after replacing the injured chris woakes for the remainder of the tournament. that is what cricket is about. you spend your life as a fast all, you get injured, you fall down the pecking order, you come in and you do or don't perform well. that is the cycle of cricket and the way it goes. if you are uncomfortable with that and you can't be at peace with it, you will do worse. so i am relaxed with the fact that i keep on trying to do my best every time i walk onto the pitch. real madrid fans turned out in their thousands to celebrate their team's champions league victory yesterday. i should warn you there are flashing images coming up. real beatjuventus 4—1 in saturday's final, as they won the european cup for the second successive season. cristiano ronaldo and his team—mates showed off the trophy on a bus tour through the spanish capital. after that there was a spectacular lights and firework show as 81,000 fans crammed into real‘s santiago bernabeu stadium. incredible picture

england at 7:00 a.m. wall street time this morning. i'm daybreak today, the former white house advisor valerie jarrett in the 7:00 hour. ♪ ♪ >> this is "bloomberg surveillance." treasury secretary stevennese investment in the u.s. according to an administration official he wants to include china and a group of nations whose companies would be looked at more carefully as they try to buy american corporations . russia, north korea, and iran would be on the list. amazon is one of the companies that has inquired about a takeover at a corporate chat room startup. a deal could give them a valuation of $9 billion. amazon and the start are not commenting. the south african government imposing new regulations on the mining industry, they must be 30% black owned within 12 months and new prospecting rights must be 50% lactone and 1% of mining companies annual turnover must go to communities. that is your bloomberg business flash. francine: coming up, bloomberg daybreak: americas with david westin and jonathan ferro. great to see you, you have a great show for us. >> counting down to the bank of england decision whether the economics of brexit collide with the money politics of westminster and th