By Isaac kitti
A long range missile with the capability of hitting the west coast of United States is being prepared for a test sources from RIA news agency mentioned a Russian lawmaker speaking on Friday.
The report from RIA news agency cited Anton Morozov- a member of the Russian Duma’s international affairs committee together with two other Russian legislators toured North Korea’s Capital Pyongyang on October 2 to 6.
Morozov was quoted saying “they (North Korea) are preparing for new tests of a long-range missile. They gave us arithmetic calculations that they believe prove their missile can reach the west coast of the United States of America,” We do understand of their intention to launch one of the more long-range missile in the near future hence they are aggressive towards the US.
The United States economy is adversely affected as Treasury prices flopped on the headlines, pulling yields lower as investors cut risk out of their investment stocks and sought the safety of Treasuries. The Treasury prices decreases while their yields increases. Benchmark 10-year Treasury notes have fell from the session high 2.40 percent mark to 2.35 percent around midday in New York city. Justin Lederer a financial analyst at Cantor Fitzgerald in New York said it was challenging accepting the outcome as one looks at the charts and all he sees is a one-way trade of lower yields.