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Rick Rieder, BlackRock's CIO of global fixed income, says US equities are not in a bubble because of capital expenditures and earnings growth on "Bloomberg Open Interest."

Guggenheim Investments President Dina DiLorenzo says the firm is working to launch a nontraded business development company, calling private credit an "important" asset class. She speaks at the Milken Institute Global Conference in Beverly Hills, California.

Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy.

Pimco President Christian Stracke discusses the firm's expansion of its international business. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Stracke says international clients are seeking to diversify away from US markets amid geopolitical shifts.

Guggenheim Partners Investment Management CIO Anne Walsh discusses the outlook for the equity, oil and fixed income markets. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Walsh sees an extended Iran conflict as the big risk to markets and predicts one more Federal Reserve rate cut this year.

Federal Reserve officials are expected to leave interest rates unchanged on Wednesday, holding the benchmark rate in a range of 3.5% to 3.75% for a third consecutive meeting. Investors will be looking for clues about how long the Fed is willing to maintain its patient posture, as well as what Chair Jerome Powell says about his future at the central bank. Bloomberg's Jill Disis reports.

Michael Bologna, Bloomberg Industry Group senior tax correspondent, joins Scarlet Fu on "Bloomberg Real Yield." Democrats around the country are pushing forward on plans to tax the rich moves that are supportive for the tax-exempt municipal-bond market.

Bloomberg's Erin Hudson joins Katie Greifeld on "Bloomberg Real Yield." Florida's Broward County Public Schools is currently facing a budget shortfall of $100 million, the largest deficit caused by annual student enrollment declines.

Bloomberg's Erin Hudson joins Katie Greifeld on "Bloomberg Real Yield." The concerns building in the private-credit industry are starting to inflict pain in a rapidly growing segment of the US municipal debt market.

Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the outlook for inflation, central bank policy and bond markets after the US and Iran agreed a two-week ceasefire. "As you're seeing the energy shock diminish, the risk of second round effects comes down," Bradshaw tells Bloomberg Television.