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Bloomberg

30-Year Real Yields Starting to Look Interesting, RBC Says

Rufaro Chiriseri, head of fixed income for UK and Europe at RBC Wealth Management, discusses the outlook for Treasuries as 30-year yields climbed to levels not seen since the global financial crisis. "We're actually happy to be sort of on the shorter end," Chiriseri tells Bloomberg Television. "But at the same time, it starts to look a lot more interesting with 30-year real yields at levels that we haven't seen since the GFC."

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Bloomberg

Samsung Workers to Go Ahead With Strike

Talks between Samsung Electronics and its largest labor union broke down, raising the prospect of a workers' strike. A general work stoppage will go ahead on Thursday, labor leader Choi Seung-ho told reporters. The collapse in negotiations puts the global technology supply chain at risk because Samsung is the world's biggest supplier of the chips that go into devices from data center servers to smartphones and electric vehicles. Bloomberg's Yoolim Lee reports.

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