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Trump Says Iran Will Suspend Nuclear Program as Hormuz Reopens

President Donald Trump said Iran has agreed to suspend its nuclear program indefinitely, fueling optimism that a deal to end their war is in reach after Tehran announced the Strait of Hormuz was open again. In a Friday phone interview, Trump asserted that any moratorium on Iran's nuclear activities would not expire, saying it would be "unlimited." Talks over a lasting agreement will "probably" be held this weekend, the president said. Spencer Faragasso, Institute for Science and International Security Senior Fellow joined Bloomberg Businessweek Daily to discuss.

Read more: Trump Says Iran Will Suspend Nuclear Program as Hormuz Reopens
Bloomberg

Private Credit Funds Face Pressure From Banks

Bloomberg's Katherine Doherty and Olivia Fishlow joins Katie Greifeld on "Bloomberg Real Yield." For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans. Now, those same banks are tightening their arrangements, adding to the pressure on managers already reeling from an exodus of investors.

Read more: Private Credit Funds Face Pressure From Banks
Bloomberg

US Treasuries Rally as Falling Oil Boosts Rate-Cut Bets

Meghan Swiber, senior US rates strategist Bank of America Securities, and Ashok Bhatia, CIO and global head of fixed income at Neuberger, joins Katie Greifeld on "Bloomberg Real Yield." Treasuries jumped, sending yields to their lowest levels in a month, as easing Middle East tensions drove oil lower and pushed traders to price roughly even odds of a Federal Reserve rate cut this year.

Read more: US Treasuries Rally as Falling Oil Boosts Rate-Cut Bets
Bloomberg

VC Dealmaking Sets Record, But Nearly All Funds Go to AI

The venture capital market posted a record-shattering $267 billion the first quarter of 2026. But the data shows the landscape is almost entirely consumed by the AI race. Kyle Stanford, director of venture capital research at PitchBook, discusses the firm's latest report with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Read more: VC Dealmaking Sets Record, But Nearly All Funds Go to AI

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