Why SocGen's Rajappa Sees Range Bound Treasury Yields
Subadra Rajappa, head of research at Societe Generale Americas, says US Treasuries "are not a good flight to quality hedge in this environment."

Subadra Rajappa, head of research at Societe Generale Americas, says US Treasuries "are not a good flight to quality hedge in this environment."
The US State Department ordered non-emergency American employees and diplomats in Saudi Arabia to leave the country, citing safety risks. The move comes as Iranian attacks across the Gulf continued with fears of a broader conflict. Imad Al-Abdulqader, partner at DGA-Albright Stonebridge Group spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the likely impact on business decisions in the region due to the war.
Helen Jewell, CIO of fundamental equities at BlackRock, discusses the potential for dip buying opportunities as the war in the Middle East rattles global markets. Speaking on Bloomberg Television, she also says that investors shouldn't lose focus of macro data. "Couple of weeks ago we were talking about AI and the implications of AI. I think that's where we need to focus because we don't know when Hormuz is going to be reopened," Jewell says.
Anna Edwards, Lizzy Burden, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Israel continued its strikes in Lebanon, as it targeted Hezbollah. Hundreds of people have been killed and thousands displaced. Hilal Khashan, Political Science Professor at the American University of Beirut spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely end to the fighting between Israel and Hezbollah.
Israel says around 400 targets have been hit across western and central Iran in a day & targets include oil refineries and power stations. Meanwhile Iran's semi-official Fars news agency reported that Israeli jets have targeted oil depots in Tehran as well as the nearby city of Karaj. Miri Eisin, Retired Israeli Defense Forces Colonel spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on US-Israel cooperation.
Oil prices rose to above $100 a barrel as the conflict in the Middle East continues. Brent spiked as much as 29% to $119.50 a barrel. Prices pared gains after the Financial Times reported that Group of Seven finance ministers will discuss a possible joint release of oil from reserves co-ordinated with the International Energy Agency on Monday. Bloomberg's Stephen Stapczynski breaks down the situation.
Selling swept across regions and asset classes as the war in the Middle East added fresh stress to markets that are already under pressure from AI disruptions and worries about the potential for cracks in credit markets. The escalating crisis has left investors caught between the risk of renewed inflation stemming from elevated oil prices and signs of cooling in the US labor market. Bloomberg's Mark Cranfield has the latest.
Erica Downs, Senior Research Scholar at Columbia University SIPA's Center on Global Energy Policy, explains the impact of the latest energy price volatility on the world's largest oil and LNG importer. She speaks on Bloomberg's The China Show.
Hogan Lovells Head of Private Equity APAC Siew Kam Boon discusses how tensions in the Middle East will affect deal-making and the private equity market. She speaks with Haslinda Amin on "Insight with Haslinda Amin."
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