Global Bond Selloff Deepens; US, China Extend Trade Truce; Trump-Xi Summit

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 and Risk Assets
00:15:54 – Trending on the Terminal
00:17:23 – Meta Unveils New VR Glasses & Muse Charm, Australian Government AI Security Incident
00:21:06 – Front Page News
00:21:37 – Markets Update
00:22:47 – First Look Movers
00:24:01 – China Beige Book CEO Leland Miller on US-China Trade Truce & Trump-Xi Meeting, China Currency Policy & Trade Imbalances
00:31:24 – Trending on the Terminal
00:32:57 – US Diesel Export Ban Debate, Midterms & Senate Priorities
00:37:07 – Meta’s New AI Hardware, OpenAI Model Hacks Australian Government Website, AI Safety Debate & Industry Risks
00:42:36 – What to Watch
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