Global Bond Yields Surge, UK 30-Year Gilts Hit 6%. More
Summary
Bloomberg News Now covers a global bond sell-off driven by surging oil prices and stubborn inflation, with UK 30-year yields hitting 6% and US 10-year yields reaching 5.33%. The episode highlights deteriorating risk perceptions for French debt ahead of budget plans and notes hedge funds increasing bets against the euro amid fiscal concerns. Additionally, it reports on a pilot heroically stopping a colleague from hijacking a Dubai-to-Tel Aviv flight, an incident that may influence Israeli elections, while also discussing Italy’s request for EU budget flexibility and the UK’s shortfall in ret…
Topics discussed
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Global bond market sell-off and rising yields
Expert analysis on fixed income volatility and policy
French debt spread widening and budget concerns
Hedge funds betting against the euro
Italy seeks EU budget flexibility amid inflation
UK government retail savings borrowing shortfall
Pilot heroically stops cockpit stabbing on Dubai flight
Market snapshot: yields, stocks, and oil prices
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Promo: Bloomberg Tech London event
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