Global bonds were selling off again as traders ramped up bets on further Fed rate hikes after strong US economic data and weak demand at a Treasury auction pushed yields to multi-decade highs. Sree Kochugovindan, Senior Research Economist at Aberdeen Investments spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa on the US growth.
Trump's personal airport welcome for Chinese President Xi Jinping highlights the high-profile state visit, even as economic disputes remain between the two nations. Bloomberg Television asked guests what they expect from these highly anticipated talks.
United States Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce, as Xi Jinping landed in America for his first state visit in eleven years. Stephen Engle reports from Washington.
A global bond selloff deepened, jolting investors as robust US economic data and weak demand at a debt auction drove Treasury yields across much of the curve to their highest levels in almost two decades. Bloomberg MLIV's Ven Ram has the latest.
South Africa's central bank is stepping up its fight against inflation, raising interest rates for the second time this year. The unanimous quarter-point hike takes the benchmark rate to 7.25%, as higher oil prices and persistent services inflation add to price pressures. Danelee Masia, Deutsche Bank South Africa CEO and Chief Economist for CEEMEA spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa on the latest numbers.
US & China have agreed to extend their trade-war truce by two months. Treasury Secretary Scott Bessent announced the deal as Chinese President Xi Jinping begins his first state visit to Washington in 11 years. Christopher Smart, founder and managing partner of the Arbroath Group spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa about the significance of the visit.
Sean Stein, President of the US-China Business Council, says the extension of the trade truce between Washington and Beijing is "absolutely necessary," though uncertainty remains over its scope. He speaks on "Bloomberg: The China Show."
Sihasak Phuangketkeow, Thailand's Foreign Minister and Deputy Prime Minister, says the country is in "serious negotiations" with the US over tariffs and reciprocal trade, stressing that Thailand has value to offer. He speaks exclusively with Bloomberg's Haslinda Amin in New York.
Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce as Xi Jinping landed in America for his first state visit in eleven years.
Wendy Cutler, Senior Vice President at the Asia Society Policy Institute and former Acting Deputy US Trade Representative, discusses the outlook for US-China trade relations after US Treasury Secretary Scott Bessent announced that the two countries had agreed to a two-month extension of their trade truce. She speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.
Daleep Singh, Vice Chair and Chief Global Economist at PGIM, discusses his outlook for the global economy, inflation and rates, as leaders of the world's two most powerful economies meet in Washington for a high level summit on trade and AI. He speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Eric Zheng, President of AmCham Shanghai, discusses his expectations for Chinese President Xi and US President Trump's high level summit in Washington, and its potential implications for US businesses working operating in China. He speaks with Stephen Engle in Washington on "Bloomberg: The Asia Trade".
