World News by Wild Rose

Priya Misra, Core Plus Bond ETF portfolio manager at JPMorgan Asset Management, says moves in the bond market are “overdone,” pricing in three interest-rate hikes by the Federal Reserve. Misra also says fixed income is a “really attractive asset class” to hedge the AI trade. (Source: Bloomberg)

UBS Chief Economist Arend Kapteyn discusses the Fed’s rate outlook following hotter inflation data, the impact of AI investment and borrowing on bond yields, and why he believes AI fundamentals remain strong despite the recent market selloff. Kapteyn also weighs in on Europe’s economic challenges, competition with China and France’s fiscal outlook. He spoke on Bloomberg Brief. (Source: Bloomberg)

Risk aversion is set to dominate markets in coming weeks as investors seek shelter from higher interest rates and volatility around US midterm elections and the AI trade, according to Bank of America Corp.’s Michael Hartnett.

Gene Tannuzzo, global head of fixed income at Columbia Threadneedle Investments, and Subadra Rajappa, head of research at Société Générale Americas, join Scarlet Fu on "Bloomberg Real Yield." US producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. (Source: Bloomberg)

While inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves the US, and if it will lead to any more rate hikes from the Fed. (Source: Bloomberg)

Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.

Barclays senior US economist Pooja Sriram said higher interest rates are a blunt tool that tighten financial conditions and hit rate-sensitive sectors such as housing and autos first. While rising Treasury yields and the bond selloff have added restraint, she said it is unclear whether conditions are restrictive enough. With oil prices rising again, further pressure on housing and auto demand could create uneven economic damage without resolving inflation. Sriram said the Fed’s approach, reflected in September meeting minutes, is focused on managing the risk that strong demand, persistent inflation or adverse supply shocks push prices higher. The Fed appears prepared to raise rates further, though she said a hike as soon as October is unlikely. (Source: Bloomberg)

Oil above $100 keeps inflation fears alive. Polymarket puts a December Fed hike at 74.5% before Wednesday's US inflation data. The post Oil Above US$100 and Fed Hike Odds Frame Week | Global Economy, Oct 12 appeared first on The Rio Times.

Gold was steady after rising moderately the previous day, as traders assessed Middle East tensions following President Donald Trump’s comments that the US wouldn’t attack Iran before November midterm elections.

Casey Sprake, Market Strategist at AG Capital told Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa, the Fed's September hike marked a turn in policy and the Bank of England may be close to the same point. (Source: Bloomberg)

The 10-year Treasury yield rose to 5.31% while the S&P 500 gained 0.66%. See how Fed hike odds shape the dollar, Brazil and emerging markets today. The post US Yields Rise to 5.31% as Fed Hike Odds Linger | Global Economy, Oct 6 appeared first on The Rio Times.

Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey tells Bloomberg This Weekend that softer September jobs data give the Federal Reserve room to hold rates steady in October, but persistent inflation could still lead policymakers to raise rates again in December and early next year. Speaking with hosts David Gura and Christina Ruffini, Jersey says strong economic growth and loose fiscal policy are also contributing to higher global bond yields, keeping pressure on central banks to restrain inflation. (Source: Bloomberg)

An index tracking emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions to the prior two months, according to Bureau of Labor Statistics data released Friday. The figure missed all estimates in a Bloomberg survey of economists. For more, we speak with Anisha Goodly, Fixed Income Managing Director at TCW. (Source: Bloomberg)

The dollar fell to a session low on Friday after a report showed the US added fewer jobs than expected in September, leading traders to trim bets the Federal Reserve will raise interest rates this year.

Senator Ted Budd, Republican from North Carolina, joined Balance of Power to discuss the Senate's last day in session before midterms. He also discussed recent news from the Fed and how the US must stay ahead of China when it comes to AI. (Source: Bloomberg)

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)

Federal Reserve Bank of Cleveland President Beth Hammack said long-term Treasury yields are being driven higher by a stronger growth outlook, concerns about government debt and expectations for additional interest-rate increases from the US central bank.

The Federal Reserve unveiled proposals for stablecoin issuers on Thursday, the latest step from regulators moving ahead with crypto rulemaking.