The bond market is in turmoil. What it means for your money.
Summary
Apple News Today covers rising global bond yields, escalating US-Iran tensions in the Strait of Hormuz, and an investigation revealing heat-related deaths are significantly undercounted. The episode also reports on a deadlocked jury in a Massachusetts murder trial, the return of the USS Abraham Lincoln, and the NBA’s historic penalty against the Clippers for salary cap violations.
Topics discussed
Intro: Global debt, Iran-US conflict, and NBA scandal
Global bond market sell-off and rising borrowing costs
US debt hits $34T and inflation concerns
Escalating US-Iran military strikes and Strait of Hormuz
Undercounted heat-related deaths in the US
Deadlocked jury in Lindsey Clancy trial
USS Abraham Lincoln returns after long deployment
NBA issues historic punishment to Clippers and Leonard
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