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Where Bond Yields Are Heading as Energy Prices Rise

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Highlights from Bloomberg TV as contributors shed light on how rising energy prices are driving bond yields higher across markets and traders reposition in anticipation of further challenges. Meanwhile, the yield on 30-year US government bonds have climbed back to levels seen just before Treasury Secretary Scott Bessent expanded a buyback program to contain long-term borrowing costs.
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Trump suggests Pentagon could target drug cartels on land #politics

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President Donald Trump suggested the Pentagon will start targeting drug cartels with strikes on land in Venezuela and beyond.

Trump said the US could target any country trafficking illegal narcotics into the US, mentioning both Colombia and Venezuela.

Trump has previously said he wanted to widen the US military attacks against drug cartels that have fueled a deadly domestic opioid crisis.

Read more: https://www.bloomberg.com/news/articles/2025-12-02/trump-said-us-will-soon-do-land-strikes-on-drug-traffickers

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Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion

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Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of $12.5 billion, according to people familiar with the matter. Randall Williams has the details.
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By The Way: Headlines You May Have Missed

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Taylor Swift and Travis Kelce settling in Ohio, parents teaching teens to invest, what happened to yoga classes, and baseball dogs: Watch Lisa Mateo, Christina Ruffini and Jeff Mason talk about headlines from this week you may have missed on Bloomberg This Weekend!
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Nvidia CEO: Korea will grow tremendously in semiconductors

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“Samsung and SK helped me invent the AI supercomputer… Without the HBM memory, there is no AI supercomputer. And over the next decade memory technology and semiconductor growth here in Korea will be very significant,” NVIDIA CEO Jensen Huang tells Shery Ahn during his trip to South Korea

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Rep. Stevens Says Canadian Tariffs Are Squeezing Michigan

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On Bloomberg This Weekend, Michigan Representative Haley Stevens (D) says escalating US tariffs on Canadian goods are raising costs and creating uncertainty for manufacturers in her district, with the deeply integrated auto supply chain particularly exposed. Stevens tells hosts Christina Ruffini and Jeff Mason that she is promoting legislation that would provide households with as much as $1,700 to offset tariff-related costs, while criticizing the Trump administration’s approach to trade with Canada.
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