The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Sovereign borrowing rates are surging around the world, with yields on 30-year US Treasuries rising to the highest since 2007. Plus, a selloff in chipmakers sent stocks lower, with the market also falling over inflation angst and rising government debt. Questions remain over what it all might mean for the Fed, and how e3conomic pressures may sway President Trump's relationship with China ahead of a meeting with Xi Jinping next month.
On today's episode:
Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist & Davide Barbuscia, Bloomberg News Corporate Finance Reporter
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