In Michigan, Republican Congressman John James and Democratic Secretary of State Jocelyn Benson are locked in a tight race to succeed outgoing Gov. Gretchen Whitmer in November. The election is marked by major differences in each candidate's plans to boost the state's economy as gas prices remain high and the impact of President Donald Trump's tariffs is felt by many across the state. Benson joins Morning Joe to discuss her gubernatorial campaign.
MS NOW's Lawrence O'Donnell talks to Sen. Amy Klobuchar, the Democratic nominee for governor of Minnesota, about new legislation introduced by her and Sen. Chuck Schumer to help American farmers deal with the skyrocketing cost of fertilizer.
Data: FactSet; Chart: Axios/Matt Phillips Treasury yields are soaring, with the 30-year Treasury bond climbing to its highest level since 2004 Thursday. - The selloff in bonds started to accelerate Wednesday after a sizzling early report on the economy in September. The big picture: For the bond market, these moves have been big. Bigly even. - On Thursday morning, the 30-year yield rose as high as 5.44%. The yield on the 10-year Treasury note was 5.13%. - Wednesday's gain of roughly 0.15 percentage point in the 10-year Treasury yield was the biggest since April 2025, when President Trump's "Liberation Day" tariff announcement rocked markets. Flashback: Markets heads remember that it was ructions in the bond market — "They were…
Data: FactSet; Chart: Axios/Matt Phillips Treasury yields are soaring, with the 30-year Treasury bond climbing to its highest level since 2004 Thursday. - The selloff in bonds started to accelerate Wednesday after a sizzling early report on the economy in September. The big picture: For the bond market, these moves have been big. Bigly even. - On Thursday morning, the 30-year yield rose as high as 5.44%. The yield on the 10-year Treasury note was 5.13%. - Wednesday's gain of roughly 0.15 percentage point in the 10-year Treasury yield was the biggest since April 2025, when President Trump's "Liberation Day" tariff announcement rocked markets. Flashback: Markets heads remember that it was ructions in the bond market — "They were…Open
Treasury Secretary Scott Bessent said the U.S. and China have agreed to extend a trade truce. Here’s a guide to what else is happening behind the scenes.
The Trump administration says it is examining whether to implement a diesel export ban as prices rise. Experts say such a move wouldn’t fix high prices at the pump.
