World News by Wild Rose

Wall Street spent another week watching yields hit multi-decade highs, oil hold above $100 and the case for tighter Federal Reserve policy harden. Once again, risk assets refused to break.

Federal Reserve Bank of Cleveland President Beth Hammack said long-term Treasury yields are being driven higher by a stronger growth outlook, concerns about government debt and expectations for additional interest-rate increases from the US central bank.

Equities can keep climbing even as rising bond yields raise the bar for earnings growth, according to JPMorgan Chase & Co.’s Grace Peters.

Grace Peters, global investment strategy co-head at JPMorgan Private Bank, discusses the global selloff in bonds and why she sees equities as "the growth engine of the portfolio" even if rising yields place a "higher burden on earnings going forward." Peters speaks on Bloomberg Television. (Source: Bloomberg)

Treasuries fell as anticipation of additional Federal Reserve interest-rate hikes stoked interest in wagers on rising yields for short-maturity debt. Rob Haworth, Senior Investment Strategy Director at U.S. Bank Asset Management joins Bloomberg Businessweek Daily to discuss the markets as well as how the oil is driving rates higher. (Source: Bloomberg)

For all the anxiety that’s been gripping the world’s biggest bond market, some investors see a compelling reason to buy: income.

Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.

Oaktree Portfolio Manager Danielle Poli says markets may continue to see upward pressure on yields because investors do not yet believe inflation will be fully tamed. She speaks with Romaine Bostick on "Bloomberg The Close." (Source: Bloomberg)

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices kept bond yields at multi-year highs. Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments, discusses equity bullishness amid a deepening bond selloff. (Source: Bloomberg)

Kokou Agbo-Bloua, global head of economics, cross-asset and quant research at Societe Generale Corporate and Investment Banking, discusses the rising 10-year Treasury yield and its impact on debt-fueled artificial intelligence capex. "If it goes to let's say 5.5% to 6% and growth doesn't pick up, because it's there simply reflecting higher nominal GDP, then you can sort of break the whole economics of AI debt capex," Agbo-Bloua tells Bloomberg Television. (Source: Bloomberg)

Hungary’s long-term domestic bond yields are about halfway through the decline sparked by the country’s planned convergence with the euro area, according to the head of the Debt Management Agency.

Mike Contopoulos, head of multi-asset macro investing at Janus Henderson, and Kay Herr, US CIO of US GFICC JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Deals." This week Treasury Secretary Bessent announced that “I am the house now.” He was talking about the yen, but he also has said he wants yields to be lower. (Source: Bloomberg)

The US government repurchased fewer 10- to 20-year securities than the maximum amount it outlined under Treasury Secretary Scott Bessent’s expanded buyback program, driving US government debt yields higher.

The stronger yen has potential to ease upward pressure on government bond yields in Japan and in turn bring forward a recovery for Tokyo-listed AI and semiconductor shares, according to strategists at JPMorgan Securities Japan Co.

Government bonds are generally viewed as one of the safest assets to invest in. That’s because it’s considered relatively unlikely that the issuer — a government — will go bankrupt. Among the world’s major government debt markets, Japan’s $7.5 trillion bond market has, for decades, been considered one of the most stable.

France’s Champagne output is set to fall by almost half from 2025 as extreme weather batters yields.

Get a jump start on the US trading day with Isabelle Lee and Michael Mckee on "Bloomberg Open Interest." Stocks fall and yields jump after a blowout jobs report. White House economic adviser Chris Phelan joins us on the labor market, inflation and rates. Plus, Anthropic moves closer to a mega IPO, OpenAI unveils its latest model, Morgan Stanley cracks down on research shared on X, and Aptera’s Co-CEO joins us on why he's betting on China to build its solar EV. (Source: Bloomberg)

Australia’s bonds, caught up in the global fixed-income selloff, have seen their yields rise more than any of their peers in the past month, despite arguments that the country’s finances are in much better shape.

British savers have sharply upped their purchases of UK government bonds this week as a selloff lifted yields to multi-decade highs.

Global bonds clawed back ground as yields near multi-decade highs proved hard for some investors to resist, even as energy prices keep markets on edge.

Global bond yields are at their highest level since 2008, with the 30-year US Treasury touching 5% just before Treasury Secretary Scott Bessent announced a surprise increase of his department’s bond buyback program and Federal Reserve Chairman Kevin Warsh made his hawkish speech at Jackson Hole. So what’s driving yields higher? And what options do policymakers have to bring them down? In this episode,, we speak with Stanford professor Darrell Duffie, who’s been researching bonds for years, inclu