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Crypto Breaking News

Every story in this category, newest first.

Bloomberg

Pakistan's Army Chief Takes Spotlight in US-Iran Peace Talks

Pakistan has emerged as the unlikely facilitator of US-Iran peace negotiations, and with the prospect of additional talks looming, the man at the center of those efforts is the country's army chief. Field Marshal Asim Munir, who has positioned himself as the most powerful man in Pakistan, is the favored interlocutor between Washington and Tehran as the warring nations weigh whether to extend their two-week ceasefire due to expire next week.  Mishal Husain, Host of the 'The Mishal Husain Show' joins to discuss.

Read more: Pakistan's Army Chief Takes Spotlight in US-Iran Peace Talks
Bloomberg

Wall Street Extends April Surge As The Strait of Hormuz Reopens

Speculation the Iran war is poised to end sent risky assets surging anew, extending a month-long rally that's lifted the S&P 500 Index to a succession of records, added around $12,000 to the price of Bitcoin and pushed up credit and gold. Olaolu Aganga, Citi Wealth Head of Portfolio Construction and Analytics joins Bloomberg Businessweek Daily to discuss.

Read more: Wall Street Extends April Surge As The Strait of Hormuz Reopens
Bloomberg

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