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Survivor of deadly boat capsizing near Alcatraz recounts terrifying moments as mother, aunt remain missing

CA: SURVIVOR OF ALCATRAZ BOAT CAPSIZE SPEAKS

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    SAN FRANCISCO (KPIX) — One of the survivors of Tuesday’s deadly boat capsizing near Alcatraz Island is speaking publicly for the first time, describing the frantic moments she escaped the sinking vessel and the heartbreak of watching her mother disappear beneath the water.

Stephanie Gollmer, a Palo Alto nurse, survived after the 49-foot cabin cruiser Volare capsized in San Francisco Bay. But her mother, 74-year-old Carol Boisa, and her aunt, Jackie Boisa, remain missing.

The tragedy unfolded during what was meant to be a memorial boat trip for a deceased family member. Twenty people were aboard the Stockton-based vessel when it overturned about 600 yards west of Alcatraz Island. Sixteen people were rescued. One passenger, 78-year-old Clifford Boisa, died at the scene, and authorities later recovered the body of 58-year-old Tondra Miller, also known as Tondra Madruga, on Thursday.

Speaking exclusively to CBS News Bay Area, Gollmer said nothing seemed out of the ordinary before disaster struck.

“Everyone was just fun, jovial, fun conversations,” she said. “There was nothing amiss, nothing.”

Family members had been enjoying the trip, taking in the scenery and recording videos together. One video captured Carol Boisa affectionately petting a friend’s bulldog just 30 minutes before the boat capsized.

Gollmer said she and her mother had moved inside the cabin after being splashed by waves.

“Mom and I were sitting on the deck for a little bit and just enjoying the views,” she said. “We got splashed a few times and then kind of decided, let’s go inside.”

Moments later, everything changed.

“There was one really far tilt this way, and we all went, ‘Oh,’ and then we all started going this way,” Gollmer recalled. “Then we just realized my mom just went down. My aunt slid past me in a chair, and then realized, we’re not going back.”

As the boat filled with water, Gollmer escaped by diving through a cabin window. Disoriented underwater, she struggled to find the surface.

“I hit my head three or four times just trying to find the surface,” she said.

When she finally emerged, she realized she was bleeding from the head. But her injuries quickly became secondary as she searched desperately for her mother.

“I started kind of watching one by one and I go, ‘I don’t see my mom. I don’t see Mom,’ ” she said.

Although search efforts continue, Gollmer said she no longer believes her mother survived.

Carol Boisa spent her life caring for others, both as a mother and as an in-home caregiver. Gollmer said her mother’s last known conversation was with fellow passenger Tondra Madruga, who also died, about how proud she was of her daughter.

“Shared a story of how proud she was of me being a nurse and living her dream,” Gollmer said. “And I will forever hold that close.”

While floating in the cold waters of San Francisco Bay, Gollmer said strangers became her lifeline.

She credited a kite surfer named Jason with helping multiple survivors stay afloat by allowing them to hold onto the handles of his board. She also thanked another man named Jeff, who brought her aboard his boat and wrapped her in blankets until rescuers arrived.

“I owe Jason and Jeff everything,” Gollmer said. “If I could somehow meet you and give you a big handshake, hug, whatever you’re comfortable with.”

As authorities continue searching for Carol and Jackie Boisa, Gollmer is making one final request in honor of her mother.

After one of Carol Boisa’s former clients died, she adopted the client’s elderly cat, Miss Tina, to ensure the animal would have a home. Now, Gollmer hopes someone else will do the same.

“If there’s anyone out there that would love to take in a sweet, loving little elderly cat,” she said. “Please reach out and see if it’s a good match.”

She said finding Miss Tina a loving home would be another way to honor a woman whose life centered on caring for others.

“A lot of her favorite memories were hanging out with family,” Gollmer said. “Family was everything to her.”

Please note: This story was provided to CNN Wire by an affiliate and does not contain original CNN reporting. This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.

Global bond markets are getting hammered. Here’s what’s driving the sell-off

New York (CNN) — Investors’ concerns over a range of issues from inflation to hefty government deficits are driving a global bond market-sell off, creating a headache for policymakers and pushing up borrowing costs for governments and consumers.Yields rise when bond prices fall. Investors are selling bonds, pushing prices lower and yields higher: The 30-year US Treasury yield on Tuesday hit 5.34%, its highest level since 2007.The yield’s rise to a 19-year high is a part of broader unease in global bond markets. In France and Germany, 10-year bond yields this week hit their highest levels since 2008 and 2011, respectively. In Japan, the 10-year yield hit its highest level in 30 years.Bond yields across various economies are surging to their highest levels in years while investors reckon with a mix of factors from stubborn inflation to rising government deficits to a wave of new corporate debt issuance.On one hand, the sell-off reflects investors’ longstanding concerns about unchecked government spending and rising deficits. Yields are rising as investors demand more compensation for the risk of lending money to governments amid a backdrop of shakier finances.But the bond market angst has been exacerbated this year by the US-Israeli war with Iran and the surge in oil prices. Brent crude on Tuesday rose above $91 per barrel. Investors are demanding a higher yield on bonds to compensate for the risk of inflation eating into their return.The Iran war has also rocked bonds as investors weigh the impact of surging oil prices and the possibility that central banks could keep interest rates higher for longer, or even raise them, to combat inflation.“The worsening situation in the Middle East is likely a factor in intensifying concerns over inflation and concerns over the US fiscal position,” Derek Halpenny, head of research for global markets at MUFG, said in a note.“There remains zero appetite in the US for addressing the US fiscal position and that is increasingly weighing on the long end of the curve,” Halpenny said.Government bonds are also under pressure from a wave of new debt from companies, including tech firms focused on artificial intelligence. Tech companies are issuing debt to fund the buildout of AI infrastructure, and those bonds are competing with government bonds for investors’ attention. Less demand for government bonds pushes prices lower, which pushes yields higher.“Hyperscaler borrowing to fund AI infrastructure is competing for the same pool of buyers at the same moment governments need those buyers most,” Nigel Green, CEO at deVere Group, said in a note. “Crowd two urgent borrowers into one market and the price of patience goes up for everybody.”A surge in bond yields can mean tighter financial conditions, which make it more costly to take out loans, and also puts pressure on the stock market.The 10-year US Treasury yield on Tuesday rose to 4.74%, trading near the highest level of President Donald Trump’s second term. The 10-year yield helps set borrowing costs across the US economy, including mortgage rates.The rise in bond yields creates complications for policymakers as governments are faced with rising debt. In the United States, the national debt is nearing a record $40 trillion.For government bonds, the yield is the interest rate the government pays to bond investors – or the government’s cost of borrowing money. The global bond sell-off is pushing up the cost of borrowing for governments in the United States, the United Kingdom, France, Japan and others.Higher yields can pull investors away from stocks, while also altering analysts’ calculations for the value of stocks. US stocks opened lower Tuesday morning: The S&P 500 fell 0.5%, and the tech-heavy Nasdaq Composite dropped 1.2%.“Bonds are on the move: a sharp rise in government bond yields around the world may start to pose a threat to equity valuations and make life even trickier for deeply indebted nations and policymakers,” Neil Wilson, a strategist at Saxo Markets, said in a note.The 30-year Treasury yield traded around 4.7% in February before the war with Iran before climbing in recent months above 5.3% to hit its highest level since 2007.Wall Street is also adjusting to Kevin Warsh’s tenure as Federal Reserve chairman. While a change in leadership at the Fed can trigger some volatility in the bond market, Chairman Warsh’s approach of less communication has added to uncertainty about how the central bank will respond to inflation and other economic shocks. And his refusal to provide forward guidance leaves investors with less clarity about where US interest rates are headed.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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