macro

The tightening cycle will drive bond yields higher.

Crude oil extended its rally and Asian bonds tracked Treasuries lower as higher energy prices fueled inflation concerns and strengthened bets on a Federal Reserve interest-rate hike. Gold dropped.

Wondering why so many things seem to have been going wrong this year, from contaminated lettuce to measles outbreaks to air-traffic-control-related flight cancellations? The reduction in federal government capacity caused by the Trump administration’s job cutbacks may be a factor.

Should the federal government give subsidies to parents who stay home to care for their young kids? Absolutely. Should it also subsidize childcare for working parents? For sure. This shouldn’t be an either-or question, but the Trump administration’s new childcare subsidy plan makes it one.

The US 10-year Treasury yield briefly surpassed 5% for the first time since 2023 on Monday, as mounting inflation angst collided with swelling government and corporate borrowing needs.

Kevin Warsh has rightly called into question the effectiveness of the Federal Reserve’s communications — but his arrival as chairman only seems to have made the problem worse. To put this right after the next Fed meeting this week, he’ll need to rethink his approach to explaining where things stand.

India’s inflation accelerated in August, moving closer to the top of the central bank’s 2%-6% target range and potentially narrowing the scope for policymakers to remain on hold for long.

Wondering why so many things seem to have been going wrong this year, from contaminated lettuce to measles outbreaks to air-traffic-control-related flight cancellations? The reduction in federal government capacity caused by the Trump administration’s job cutbacks may be a factor.

Should the federal government give subsidies to parents who stay home to care for their young kids? Absolutely. Should it also subsidize childcare for working parents? For sure. This shouldn’t be an either-or question, but the Trump administration’s new childcare subsidy plan makes it one.

Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, joins Bloomberg's Anna Edwards on "Bloomberg Brief" to discuss her expectations ahead of the Federal Reserve meeting later this week and shares her reaction to tech leaders calling for a slowdown in AI models. (Source: Bloomberg)