United States Financial

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.

As global government bonds wrapped up their worst quarter since 2024 due to higher oil prices and the threat of sticky inflation for the world economy, France is facing a particularly tricky trajectory. OAT-Bund spreads widened sharply as an increasingly fragmented government unveiled plans to narrow the nation's budget deficit, stoking investor concern over the country's debts. The Opening Trade spoke to guests about the economic outlook and investment landscape for France as the nation grapples with growing global and domestic pressures on it's finances.

PIMCO President Christian Stracke examines the forces driving the global bond selloff, the yield levels that could threaten equity markets, and whether investors are underestimating the extent of policy tightening still ahead. He speaks with Paul Allen on "Insight with Haslinda Amin."

Nvidia's artificial intelligence chips keep making their way to China despite US curbs. Government officials are asking why the company missed red flags, saying Washington's export controls have spawned a sprawling shadow trade. The company hasn't been accused of violating controls or willfully aiding smugglers, and said it abides by the rules. Bloomberg's Edwin Chan reports.

Noel Fisher, actor & founder of Prototype Productions, joins Bloomberg Businessweek Daily to discuss the economics of streaming and artificial intelligence's growing presence in the entertainment industry. Fisher speaks with hosts Carol Massar and Tim Stenovec on the sidelines of Bloomberg Screentime in Hollywood.