US Representative Jim Himes (D-CT) questions US Treasury Secretary Scott Bessent about the Treasury's recent intervention in the bond market, arguing that the government's actions distort free markets.
The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming capital investment and soaring energy prices that are exacerbating inflation. Dominic Konstam, Head: Macro Strategy at Mizuho Securities, gives his expectations for Wednesday's Fed rate decision, rising bond yields, and growing market risks.
Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond yields at multi-year highs. Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses equity bullishness amid a deepening bond selloff.
US Representative Maxine Waters (D-CA) sharply criticizes US Treasury Secretary Scott Bessent during his House Finance panel testimony, blaming the administration's tariffs, trade fights and Iran policy for higher prices and rising borrowing costs.
DoubleLine Capital Deputy Chief Investment Officer Jeffrey Sherman says it's time for the Federal Reserve to "put up or shut up." With bond yields trading above 5%, he says "the best thing to do is bring a hike." Sherman speaks on "Bloomberg Open Interest."
The debate over how far, and how fast, artificial intelligence is advancing poses a serious dilemma for tech executives. They're keen to telegraph their concerns, but having plowed hundreds of billions of dollars into AI, they're trying to calm people down without spooking investors and customers. George Noble, Managing Partner at Noble Capital Advisors and former Fidelity Fund Manager, discusses artificial intelligence bear cases amid concerns over AI safety. Correct: George Nobel said AI will be the 'biggest misallocation in history.' Fixes headline
The debate over how far, and how fast, artificial intelligence is advancing poses a serious dilemma for tech executives. They're keen to telegraph their concerns, but having plowed hundreds of billions of dollars into AI, they're trying to calm people down without spooking investors and customers. George Noble, Managing Partner at Noble Capital Advisors and former Fidelity Fund Manager, discusses artificial intelligence bear cases amid concerns over AI safety.
Carlyle Co-President and Head of Global Private Equity John Redett spoke with Bloomberg's Dani Burger from the sidelines of Carlyle's Global Investor Conference in Washington. He talked about current investment opportunities, AI across the portfolio, higher-for-longer rates and private equity, and more.
US Treasury Secretary Scott Bessent says the UAE has made forward-leaning moves against Iran-linked finance, including cutting off financial transactions and trade with Iran. He speaks during testimony before the House Financial Services Committee.
Carlyle Deputy CIO of Global Credit and Head of Direct Lending Alex Chi spoke with Bloomberg's Dani Burger from the sidelines of Carlyle's Global Investor Conference in Washington. He talked about resilience in credit portfolios, where Carlyle sees the best opportunities in credit, AI's impact on credit markets, and more.
On this episode of Stock Movers: - Dave & Buster's (PLAY) shares are lower after it reported revenue for the second quarter that missed the average analyst estimate. - Coinbase (COIN) along with other crypto shares along with Bitcoin are sliding ahead of the Senate's vote on the CLARITY Act that would regulate digital assets and the crypto industry. - Waystar (WAY) shares are higher after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.
Carlyle Global Head of Liquid Credit Lauren Basmadjian spoke with Bloomberg's Dani Burger from the sidelines of Carlyle's Global Investor Conference and talked about the health of corporate borrowers, the loan market moving toward equilibrium, data centers as an emerging source of loan supply, and more.
