Chipmaker Onsemi revised the purchase terms of its acquisition of Synaptics, agreeing to pay about $5.7 billion in cash rather than roughly $7 billion in shares. Carmen Reinicke reports on "Bloomberg Open Interest."
Broadcom's Wall Street syndicate is starting to gather $60 billion of fresh AI chip financing to benefit Anthropic PBC and other companies, according to people with knowledge of the matter. Carmen Reinicke has more on "Bloomberg Open Interest."
Jeffrey Rosenberg, portfolio manager of the Systematic Multi-Strategy Fund at BlackRock, reacts to the September US jobs report and its impact on the Federal Reserve's interest rate path and US Treasury yields.
Neil Dutta of Renaissance Macro Research says an October interest rate hike by the Federal Reserve may be on life support, but that could change with one bad inflation report. He speaks on "Bloomberg Surveillance."
A huge miss on the September US jobs report. Payrolls rose by 29,000, the estimate was for a gain of 90,000. The unemployment rate ticked up to 4.2%. Bloomberg's Michael McKee reports.
Priya Misra, Core Plus Bond ETF portfolio manager at JPMorgan Asset Management, says markets are at the inflection point where "when the bond market speaks, everyone listens."
Michael Haigh, global head of FIC and commodities research at Societe Generale, discusses levels of crude and diesel product in Europe's strategic petroleum reserve. France has proposed that developed nations release reserves to ease surging prices at the pump. He speaks on "Bloomberg Surveillance."
US employment growth is expected to slow from August's blockbuster numbers, with analysts expecting 90,000 jobs added for the month. Michael McKee has a preview on Bloomberg Television.
Veronica Clark, US economist at Citi, sees the Federal Reserve becoming "increasingly divided" on raising interest rates and says the labor market "definitely has been more stable than we were expecting."
Brazilians will vote in an election on Sunday in what polls suggest will be a tight rate between President Luiz Inácio Lula da Silva and right-wing challenger Flávio Bolsonaro. If no candidate secures a majority, a runoff will follow on Oct. 25. Adriana Dupita from Bloomberg Economics breaks down the situation.
Kim Crawford, global fixed income portfolio manager at JPMorgan Asset Management, discusses the outlook for French bond yields and why her firm is getting "more constructive" on longer-term debt. "Bonds typically sell off until something breaks, and something has broken," Crawford tells Bloomberg Television.
Shriya Samarth, head of EMEA rates at StoneX Financial, discusses France's fiscal situation and the spread between French and German bond yields. The global bond rout has hit harder and faster in France amid concern about missed deficit targets, policy gridlock and presidential elections next year. "There's a lot of different risks mingling here, and the fact that the spread blew out so quickly is definitely concerning," Samarth tells Bloomberg Television.
