Business
Yields Climb After Oct. Jobs Report | Bloomberg Real Yield 11/01/2024
Sonali Basak highlights the market-moving news you need to know. On the show today, Societe Generale Head of US Rates Strategy Subadra Rajappa, TD Securities Head of US Rates Strategy Gennadiy Goldberg, CreditSights Global Head of Strategy Winnie Cisar, UBS Head of Credit Strategy Matthew Mish.
Chapters:
00:00:00 – Bloomberg Real Yield
00:03:48 – Fed Rate-Cut Bets
00:06:23 – Risks in Bond Market
00:12:16 – Auction Block: US High Grade Issuance, High Yield
00:13:31 – Manufacturing Data, US Economy Risks
00:21:21 – The Week Ahead
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Business
Iran War Update: Trump Says Oman Hasn’t Behaved Very Well (Q&A)
Trump spoke to reporters in the Oval Office saying Oman hasn’t behaved well, “but we’d handle them very easily.” He also touched on possible talks with North Korea, when asked if Kim had replied to entreaties for talks, Trump said “he has” without elaborating. The president called the development “very positive.” The White House did not immediately respond to a request for further details.
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Business
Why is there a sardine shortage?
On this episode of the Odd Lots podcast, Fishwife CEO Becca Millstein tells Tracy Alloway and Joe Weisenthal about tinned sardines and what she considers one the biggest problems threatening that supply chain.
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Business
Big Take: The situation at Situational Awareness
On today’s Big Take podcast, hedge fund reporters Katherine Burton and Hema Parmar join Sarah Holder to break down the rise of 24-year-old ‘Nostradamus of AI’ Leopold Aschenbrenner, the meltdown of his hedge fund Situational Awareness and whether the episode exposes broader hedge fund vulnerabilities.
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Business
Long-Term Debt Costs Soar to Highest in Decades as Bonds Slump
Bloomberg Intelligence chief US interest rate strategist Ira Jersey said that part of the reason for the rise in yields for long-term treasuries is that US bonds have to compete with bonds from other countries like Japan. Jersey, who was joined by Bloomberg’s Davide Barbuscia, said that buyers are concerned about the health of developed bond markets and need a higher yield incentive to buy. Barbuscia also said that the competition from corporate bonds is ‘unprecedented’ and that there has been record levels of issuance so far in 2026.
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Business
Can Dogs Transform Cancer Screening?
Dogs have been used to sniff out drugs, explosives and even Covid. Could cancer be next? An Indian startup is combining canine noses with AI in an effort to make cancer screening cheaper and more accessible.
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