Global Bond Selloff Deepens; US, China Extend Trade Truce; Trump-Xi Summit
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US equity futures fall and a global bond rout intensifies, pushing 30-year Treasury yield to the highest level since 2004. Oil rises as Iranian officials reportedly said the war with the US could expand. The US and China agree to extend their trade truce by two months ahead of Presidents Trump and Xi's state summit. Marko Papic of BCA Research joins "Bloomberg Brief" to discuss the outlook for the latest bond selloff. Leland Miller of China Beige Book looks ahead to the Trump-Xi summit. Chapters: 00:00:00 - Bloomberg Brief Begins 00:00:57 - Global Markets Check: Global Bond Selloff Hits Asian Markets 00:02:10 - European Markets & Central Bank Decisions 00:03:01 - US Futures Fall as Yields and Energy Rise 00:03:54 - First Look Movers: MGM, EverPure & Swarm Aero 00:05:09 - Trump-Xi Summit & US-China Trade Truce 00:07:42 - Iran Warns Conflict Could Expand 00:09:42 - BCA Research Chief Investment Strategist Marko Papic on Global Bond Rout & Rising Treasury Yields, US-China Talks
Tags: Anna Edwards, BCA Research Inc, Balasz Penz, Bond Market, Brief, China, Chloe Meley, Crude Oil, Currencies, Diesel, Donald Trump, Geopolitics, Iran, Iran war, Justina Lee, Leland Miller, MGM, Marko Papic, Matthew Bloxham, Meta
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