Market Participants are warning that a unpredictability in the Treasury’s strategy could portend higher borrowing costs. Treasury Secretary Scott Bessent is warning against any panic in the market. Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg News Rates Reporter Michael Mackenzie break down what’s been going on in the yield market, and the what the impact of the Treasury’s buyback plan may be. Then, Bloomberg Intelligence Senior Analyst for E-Commerce and Retail Poonam Goyal reacts to Walmart’s earnings report that send the stock tumbling in its worst day of trading since 2022. Plus, Amy Rubenstein — CEO of Clear Investment Group — discusses the current demand in the housing market and how new constructions demand is being impacted by the labor market. Finally, Wells Fargo Industry Insights Head Robin Wenzel talks about how GLP-1s are changing the US healthcare system.
Chapters
00:00:00 Bloomberg Businessweek Daily
00:02:42 Market Update: Stocks Fall, Bitcoin Tops $70K
00:04:53 Treasury Buybacks & Rising Bond Yields
00:07:45 Debt, Deficits & the Case for Higher Yields
00:09:45 What Bond Investors Are Doing Now
00:12:46 Walmart Plunges After Earnings Miss
00:16:29 Walmart & the State of the U.S. Consumer
00:19:03 Market Update: Oil, Iran & Moderna
00:20:39 Housing Market, Mortgage Rates & Affordability
00:23:25 Workforce Housing & Rising Rents
00:26:57 Real Estate Opportunities & Distressed Assets
00:29:58 AI Data Centers Drive New Housing Demand
00:32:35 Market Update: Bitcoin, Oil & Walmart
00:34:36 How GLP-1 Drugs Are Reshaping Health Care
00:38:12 GLP-1s Reshape Pharmaceutical R&D
00:40:54 Investment Implications of the GLP-1 Boom
00:43:17 NYSE Owner Eyes Polymarket’s Funding Round
00:44:14 AI Compute Futures & Hedging the AI Boom
00:47:06 Iran, Oil & the Push Toward 24/7 Trading
00:50:26 Digital Finance Goes Mainstream
——–
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