macro

Margaret Steinbach, fixed income asset class lead at Capital Group, joins Scarlet Fu on "Bloomberg Deals." They discuss the gap between spreads between CCC and single B bonds in the high yield market. (Source: Bloomberg)

The federal government’s clampdown on the sale of Chinese drones in the US is nearly complete after a flurry of regulatory activity since December. Some of these popular drones are banned outright, and others face 100% tariffs.

ECB hikes rates as Iran war adds to inflation angst Reuters

Treasury yields moved higher on Thursday as traders await the release of U.S. wholesale inflation data.

Monetary policy decisions

Move is the second increase this year as central bank tries to curb price pressures

Christine Lagarde, Boris Vujčić: Monetary policy statement

Gold edges higher on weaker dollar, US inflation data in focus Reuters

Hawkish BoJ comments follow pressure from Scott Bessent and volatility in currency and bond markets

It’s mood first, then maths