Bloomberg Markets
Bloomberg Economics chief US economist Anna Wong joins Katie Greifeld on "Bloomberg Real Yield." (Source: Bloomberg)
Bloomberg Markets
Bloomberg's Shruti Singh joins Katie Greifeld on "Bloomberg Real Yield." Illinois legislators early Monday morning passed a nearly $56 billion budget for the fiscal year starting July 1, aiming to ease higher health-care and housing costs while bracing for potential federal funding cuts.
(Source: Bloomberg)
Financial Times
Demonstrators oppose $4bn resort backed by investment firm founded by US president’s son-in-law Jared Kushner
Bloomberg Markets
Sonali Pier, portfolio manager: multi-sector credit at PIMCO, and Meghan Robson, head of US credit strategy at BNP Paribas, join Katie Greifeld on "Bloomberg Real Yield." US investment-grade bond sales reached $1 trillion sooner than in any year since 2020 as historically low spreads and a spending surge on artificial intelligence fuel borrowing by blue-chip companies. (Source: Bloomberg)
Yahoo Finance
Yahoo Finance
Bloomberg Markets
The municipal bond market’s $80 billion tobacco bond sector had its first-ever default after a Nassau County, New York, agency failed to make a $36 million principal payment on June 1.
Yahoo Finance
Bloomberg Markets
The US buffer for crude oil is shrinking fast as the Iran war drags on. The country’s emergency petroleum stockpile, known as the Strategic Petroleum Reserve, has shrunk to levels last seen in mid-2023, after the Biden administration decided to withdraw SPR crude barrels to mitigate the oil-price impact of the Russia-Ukraine war. The global oil supply chain is becoming more vulnerable with each passing day the Strait of Hormuz remains closed. (Source: Bloomberg)
Bloomberg Markets
Bloomberg Television's Romaine Bostick sits down with Nike Global Football Vice President Camilo Andrade to discuss the company's strategy around the FIFA World Cup 2026, international expansion opportunities, and the leadership of CEO Elliott Hill. (Source: Bloomberg)
Bloomberg Markets
Bloomberg's Katie Greifeld and Olivia Fishlow speak with Jason Dillow, co-head of US private credit & head of US opportunistic credit at Man Group, on "Bloomberg Real Yield." Cliffwater, Blackstone, and Partners Group all capped certain fund redemptions this week. The moves put private markets back into the spotlight. (Source: Bloomberg)
Financial Times
Arrangement with US National Security Agency comes as AI lab is locked in legal battle with Pentagon over Claude model