The global bond selloff continues with long-dated bond yields pushing further into multidecade highs. Ira Jersey of Bloomberg Intelligence has more on what could be causing all this on "Bloomberg Surveillance."
Mark Cabana, head of US rates strategy at BofA Global Research, explains the factors he sees contributing to the US bond selloff.
Katrina Dudley, Senior Investment Strategist at Franklin Templeton, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the global bond market selloff and her out look for the Federal Reserve's September meeting.
US President Donald Trump said he won't try to revive a lapsed ceasefire deal with Iran, which gave the parties a 60-day window to negotiate a lasting peace deal. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines what comes next after the expiry of the memorandum of understanding and with the Middle East conflict and control of the Strait of Hormuz stuck in limbo.
Russ Koesterich, Global Allocation Fund portfolio manager at BlackRock, says bonds are not working as a hedge as yields on 30-year US Treasuries rose to the highest since 2007 this week. He talks about the factors he sees driving long-dated bonds and why he doesn't see $100 oil derailing the US economic expansion.
Home Depot's results beat estimates in the second quarter, as comparable sales, which measure results at stores open for at least a year, rose 1.7%, while adjusted earnings also surpassed expectations. Lindsay Dutch of Bloomberg Intelligence has more on Bloomberg Television.
Meta is headed to federal court in California Tuesday to face a coalition of 29 state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Balázs Penz reports on Bloomberg Television.
Yields on 30-year US Treasuries rose to the highest since 2007 this week, while French borrowing costs hit the loftiest since 2008 and their German peers traded at 2011 levels. While domestic factors have a role in each market, the structural forces driving up yields are global in nature, as Bloomberg's Ven Ram explains.
Madison Faller, investment strategist at JPMorgan Private Bank, says the US "remains core for portfolios" given its exposure to growth and innovation, economic resilience and higher corporate profit margins. When it comes to Europe, "we would be taking more of a selective approach around the sectors that we like," Faller tells Bloomberg Television.
Guy Johnson, Tom Mackenzie, Skylar Montgomery Koning and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Retail billionaire Mike Ashley's purchase of department store Harvey Nichols, situated in London's exclusive Knightsbridge district, has given his company one of the best located stores in the UK. A Bloomberg analysis of property records shows that Frasers Group now owns around 8 million square feet of retail park and shopping center space, part of what the company's CEO Michael Murray said is a 16 million-square-foot portfolio worth £2 billion ($2.7 billion). Bloomberg's Maddie Parker has more.
Exclusive agreements to supply fuel to at least five countries have put Vitol Group, the world's largest commodity trader, in an unusually powerful position as the dominant supplier to southern and East Africa a region that relies almost entirely on imports of fuel to keep cars, trucks, tractors and boats running. Bloomberg's Jack Farchy reports.
