Kurt Reiman, head of fixed income at UBS Global Wealth Management, says multiple factors and "definitely not just the deficit" are pushing bond yields higher and explains why he expects two interest-rate hikes from the Federal Reserve this year.
Jack Caffrey, equity portfolio manager at JPMorgan Asset Management, says spending related to "the enthusiasm around artificial intelligence" is broadening out earnings themes. Caffrey warns of "a hiccup or two over the next few months" as companies need to borrow more to support their growth. He speaks on "Bloomberg Brief."
Brent oil steadied near $101 a barrel as Iran vowed it was prepared for a more intense war, stoking fears about deeper disruptions through the Strait of Hormuz. US Energy Secretary Chris Wright told Bloomberg that just under 11 million barrels a day of crude and oil products are moving through Hormuz. Bloomberg's Will Kennedy breaks down the situation.
PGIM Credit Global Economics Deputy Head Katharine Neiss discusses the outlook for the US economy, Federal Reserve policy and bonds markets. US 10-year yields above 5% are not "implausible," Neiss tells Bloomberg Television.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
IFSCA Executive Director Dipesh Shah says GIFT City offers payment companies flexible regulations, streamlined approvals, and greater freedom in cross-border transactions, helping position it as a competitive global financial hub.
UK gas prices have climbed to their highest since 2022 and more than doubled since the start of the year, just as UK households face the highest winter energy costs in three years. Britain is particularly exposed because it relies heavily on gas while storing little of its own, leaving it dependent on seaborne liquefied natural gas when demand surges or renewable generation falters. Bloomberg's Priscila Azevedo Rocha reports.
Brent held around $101 per barrel as Iran vowed it was prepared for a more intense war after hostilities flared across the Middle East. But Carole Nakhle, CEO of Crystol Energy told Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa $101/b is not as high a threshold as it could have been.
US President Donald Trump downplayed concerns about rising oil prices and the war with Iran. Meanwhile, Iran is ready to intensify the conflict and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. Bloomberg's Paul Wallace breaks down the situation.
Apple says its foldable smartphone will improve on rivals' models. This comes as the company aims to show it can refine a category dominated by Samsung and Chinese smartphone makers such as Huawei. Richard Windsor, Radio Free Mobile, Founder spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa about the launch event under the new CEO.
US President Donald Trump offered voters a quid pro quo: elect Republicans and get a $5,000 payout, which he called the "Trump dividend." The proposal, announced during a speech on Wednesday at the GOP's midterm convention in Dallas, is unlikely to become law. Fellow Republicans have already rejected similar ideas and Congress would need to approve a cash payment program with a price tag well over $1 trillion. Bloomberg's Balazs Penz breaks down the situation.
Business Leadership South Africa CEO Busi Mavuso says reforms are taking too long to translate into improvements on the ground, while companies continue to shoulder the cost of failing municipal services.
