"I don't currently see an urgent need for further action," Federal Reserve Vice Chair for Supervision Michelle Bowman says after being asked about the future of monetary policy during an event hosted by the Atlantic Council in Washington.
Federal Reserve officials weigh in on the sharp rise in Treasury yields after the 10-year hit a 24-year high. Minneapolis Fed President Neel Kashkari appeared on Bloomberg Surveillance Thursday, while Boston Fed President Susan Collins and Kansas City Fed President Jeff Schmid spoke in Asheville, North Carolina. And Fed Vice Chair Philip Jefferson discussed monetary policy at the University of Virginia.
Stephanie Roth, chief economist at Wolfe Research joins Emily Graffeo on "Bloomberg Real Yield." US Treasuries rebounded from the global bond selloff that raced through European markets on Thursday. Earlier in the day, US 10-year yield surged to the highest level since 2002.
Bloomberg's Shruti Singh and Aashna Shah join Emily Graffeo on "Bloomberg Real Yield." A painful fixed-income selloff is eroding returns in state and local government debt, driving the rate on benchmark 30-year municipal bonds above the 5% threshold, the highest since at least January 2011.
Annie Seelaus, CEO of R. Seelaus, and John Lloyd, global head of multi-sector and corporate credit at Janus Henderson, join Emily Graffeo on "Bloomberg Real Yield." The spread on the riskiest US corporate bonds has jumped above 1,000 basis points over Treasuries for the first time since the regional banking crisis in 2023. That level of risk premium typically implies high probability of default, restructuring or loss.
Tara Hariharan, Co-CIO with NWI Management, joins Emily Graffeo on "Bloomberg Real Yield." Dollar debt from countries in the emerging world has turned negative for the year, after having outperformed as turmoil sent yields on US Treasuries to the highest in nearly two decades.
Stephanie Roth, chief economist at Wolfe Research, and Guneet Dhingra, head of US rates strategy at BNP Paribas join Emily Graffeo on "Bloomberg Real Yield." US Treasuries rebounded from the global bond selloff that raced through European markets on Thursday. Earlier in the day, US 10-year yield surged to the highest level since 2002.
Federal Reserve Vice Chairman Philip Jefferson said it may take more time before policymakers can judge whether further interest-rate increases are needed to slow inflation during an event at the University of Virginia.
As AI reshapes the entertainment industry, who controls and gets paid for the use of a creator's work and likeness? Vermillio is tackling that question with technology designed to track and license AI-generated content. Vermillio Co-Founder and CEO Dan Neely joins Ed Ludlow on "Bloomberg Tech."
A vast majority of Americans favor requiring artificial intelligence companies to meet independent safety benchmarks for their models, even if those standards mean slowing development of the technology, according to a new poll. Bloomberg Opinion Columnist and Lecturer at Yale School of Management Gautam Mukunda joins to discuss AI.
US Treasuries rebounded from the global bond selloff that raced through European markets on Thursday, pulling 10-year yields back from a 24-year high. Bloomberg's Ira Jersey joins to discuss.
Promise CEO and Co-Founder George Strompolos is building what he calls an AI-native entertainment studio, using generative AI across development, production and visual effects. He says the technology can cut costs by more than 50% on some animated projects and allow smaller teams to create productions with far greater scale. He joins Ed Ludlow on "Bloomberg Tech."
