United States Financial

Yields in the US and other advanced economies have climbed to multidecade highs, tightening financial conditions, amid higher inflation triggered by the US-Iran war and concern about budget shortfalls. Traders have responded by paring rate-hike expectations, with the amount priced into swaps across eight major economies falling by almost 200 basis points since mid-September, according to data compiled by Bloomberg.  Ed Yardeni, President at Yardeni Research, discusses his S&P call and why he believes rates are 'back to normal' and not 'higher for longer.'

KBW Head of US Bank Research Chris McGratty joined Bloomberg Open Interest to break down what's driving bank earnings. He explains why large banks may still appeal to investors  and how consumer health, interest rates and consolidation could shape what's ahead.

On this episode of Stock Movers: - Domino's Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate. - Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for newer drugs in cancer and autoimmune diseases overshadowed more anemic growth in the company's medical device business. - Bumble (BMBL) shares are halted on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would "remain actively involved with Bumble" after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.

As investors reassess private credit, New Mountain Capital's Laura Holson says direct lending is offering attractive opportunities with wider spreads and improved lender protections. She joins Bloomberg Open Interest to explain why higher rates can benefit floating-rate investments, what risks borrowers face, and why her firm favors defensive-growth sectors such as industrial automation and animal health.

After a summer of food recalls and illness outbreaks, Neogen CEO Mike Nassif explains how testing, traceability,and data can help producers spot risks earlier and rebuild consumer confidence in a complex global food supply chain.

Wall Street banks kicked off earnings season Tuesday with third-quarter results from JPMorgan Chase & Co., Goldman Sachs Group Inc., Citigroup Inc., and Wells Fargo & Co. Christopher McGratty, head of US bank research at KBW, examines the results on "Bloomberg Open Interest."

Sales of US existing homes rose in September for the first time in four months to an annualized rate of 3.99 million. Michael McKee reports on "Bloomberg Open Interest."

Apple unveiled a new device called the HomeView, a $299 display that serves as the centerpiece of its push into the smart home market. The product will be available Nov. 13. Ryan Vlastelica reports on Bloomberg Television.

Rory McIlroy, six-time major golf champion and career grand slam winner, says he would welcome back LIV Golf players to the PGA Tour. He says it would be good for the entire sport and business. He speaks to Mishal Husain, editor-at-large, Bloomberg; host of The Mishal Husain Show, at the Bloomberg New Economy Forum in New Delhi.

Seema Shah of Principal Asset Management sees opportunity in bank stocks despite recent weakness. She says earnings, consumer health and the yield curve will be key, with a steeper curve potentially creating a more attractive entry point. She spoke on Bloomberg Brief.

Morgan Stanley Chief US Equity Strategist Mike Wilson says the market correction started in June and he thinks the worst is over. Wilson says the US midterm elections are a "clearing event" for markets because he doesn't expect any real policy changes out of Washington. He also shares his views on Federal Reserve policy, bond market volatility and the AI trade on "Bloomberg Surveillance."

Waleed Al Muhairi, group deputy chief executive officer at Mubadala Investment Co., joins Bloomberg's Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi. He highlights the opportunity he sees across Asia, saying "Asia's growing and Asia has so many fundamental advantages that it would be remiss for us not to participate in its growth."