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New 'Insensitive Borrower' in the Marketplace: TCW's Whalen

Bryan Whalen, CIO and generalist portfolio manager of fixed income at TCW, and Winnie Cisar, global head of credit strategy at CreditSights, join Scarlet Fu on "Bloomberg Real Yield." For months, Big Tech has flooded debt markets with mega bonds that were initially snatched up by investors keen to get exposure to the AI boom. As demand wanes and bubble concerns mount, those deals are becoming harder and costlier to get over the line.

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Bloomberg

Expectations, Reality 'Mismatched' With Some AI Companies: Winnie Cisar

Bryan Whalen, CIO and generalist portfolio manager of fixed income at TCW, and Winnie Cisar, global head of credit strategy at CreditSights, join Scarlet Fu on "Bloomberg Real Yield." " As Big Tech barrels toward trillions of dollars of planned spending on AI, the price of protecting tech firms' debt against default is jumping, in part on mounting concern about whether all the investments will pay off.

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Bloomberg

Fed's Messaging 'Extraordinarily Muddled': Ed Al-Hussainy

Ed Al-Hussainy, portfolio manager of the total return bond fund at Columbia Threadneedle Investments, and Nicolo Bocchin, global co-head of fixed income at Azimut Group, join Scarlet Fu on "Bloomberg Real Yield." Long-term Treasury yields retained most of the surge unleashed by this week's Federal Reserve rate decision after a raft of US economic data showed still-elevated inflation and labor-market resilience.

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Bloomberg

AI Will Be 'Defining Issue' of Next Elections, Says Patrick McHenry

Patrick McHenry, former Republican Congressman from North Carolina and former House Financial Services Committee Chairman, said that artificial intelligence stands to be a 'defining issue' in the midterms and 2028 presidential election, as parties and candidates debate policy around AI uses and regulation. McHenry also weighed in on the Senate fight over Trump's nominee for attorney general Todd Blanche, as retiring GOP senators John Cornyn and Thom Tillis hold up a key vote in the confirmation process.

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Bloomberg

US-Iran War Has Made Every Middle East Country a Target, Says Jane Harman

Jane Harman, former California Democratic congresswoman, said the US war in Iran has made every country in the Middle East a target, even countries that have not yet been participants in the conflict. Harman said that the danger of the conflict spreading is 'huge' and the US defense industrial base may not be prepared to address conflicts worldwide.

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Bloomberg

US-Iran War Flares as Fighting Spreads Across Mideast

Fighting between the US and Iran has resumed after a brief lull, with American strikes focused on military targets and Tehran-aligned forces targeting US partners in the region. Israel has so far remained outside the latest exchange of strikes following Prime Minister Benjamin Netanyahu's in-person talks with President Donald Trump. Bloomberg's Dan Williams reports from Washington, DC.

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