susanne walker barton is live on where the fed may raise rates.yan chilcote talks about the oil company spending cuts. let's start with janet yellen and the fed. june appears to be out. september is not a sure bet. that's the take from investors. has beenonomy recently affected by a mix of countervailing forces. to expect reasons that the positive forces supporting employment growth and higher inflation will continue to outweigh the negative ones. amanda: susanne walker barton joins us now. let's start with how the market is interpreting this. do we get a sense that september may even be off the table? >> it may be off the table. the bond market is now thinking the fed they raise rates by the end of the year. have recalibrated. -- they have recalibrated. july is off the table. janet yellen acknowledged the weakness in the may payrolls. and we have the brexit vote hanging around. the bond market is reading this as yes, the fed is going to be gradual and it may just be one rate hike for the rest of the year. amanda: often the bond market will ignore

for more, we are joined by susanne walker barton. we had record low yields, but they have bounced back a bit. suzanne: that is because of what we saw in britain with the murder of the lawmaker there. , well, people saying there is a stronger possibility the leave camp may not win. you get some semblance of stability and you see stocks going up around the world. yields and global bonds yields coming off of their lows. david: if that is the reason for the slight bounce back, what does that tell us about what would happen if leave wins next thursday? there would be a significant reduction in trade s in the u.k. and that would slow economic growth around the rest of the world. if we are not going to see that, there is more optimism and people start saying maybe it will not be that bad after all. david: susanne walker barton in new york. thank you for joining us. nowme putin is begin right at an international economic forum in st. petersburg. ryan chilcote joins us there. what do we expect to hear from mr. putin today? about charmingll in