Bloomberg
Debt-Limit Deal Passes House, Goes to Senate
The House has passed legislation that would suspend the debt limit through Jan. 1, 2025, to avert a US default. Yvonne Man reports on Bloomberg Television.
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Dollar Will Be Weaker as We Go Into End of Year: Gordon
"The dollar will be weaker as we go into the end of the year." Wayne Gordon, executive director of commodities and FX at UBS Global Wealth Management, discusses the US dollar and his outlook for Federal Reserve policy. He speaks on...
Bloomberg
Dimon: Possible Fed Will Have to Raise Rates a Bit More
"It's possible the Fed will have to raise rates a little bit more." Jamie Dimon, chairman and chief executive officer at JPMorgan Chase & Co., discusses Federal Reserve policy and the US debt ceiling. He speaks on Bloomberg Television...
Bloomberg
Morgan Stanley: 'Long' 5-Year Treasuries, Warming Up for Duration
Vishwanath Tirupattur, chief fixed income strategist and director of quantitative research at Morgan Stanley, discusses the outlook for the market, Federal Reserve policy and the US economy. He speaks from the sidelines of the Morgan...
Bloomberg
Biden Urges Both Chambers to Pass Debt Agreement
President Joe Biden urged both chambers of Congress to pass the legislation after he and House Speaker Kevin McCarthy reached an agreement to avert a historic US default.
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What Does Biden-McCarthy Debt Agreement Mean for Markets?
Shane Oliver, head of investment strategy and chief economist at AMP, discusses what the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling means for financial markets. He speaks with Paul Allen and...
Bloomberg
Fitch Places US on Rating Watch Negative
Fitch Ratings said it may downgrade the US's AAA credit rating to reflect the worsening political standoff that's preventing a deal to solve the nation's debt-ceiling crisis. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Treasuries Will Find a Range by End of Year: Seth
Neeraj Seth, chief investment officer and head of Asian credit at BlackRock Inc., discusses the warning from Fitch Ratings about the possible credit downgrade for the US and his outlook for treasuries. He speaks on Bloomberg Television.
Bloomberg
Kaplan Wants to See 'Hawkish Pause' by Federal Reserve
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy. Fed officials are leaning toward pausing interest-rate increases at their meeting in June amid heightened uncertainty over the outlook, but signaled...
Bloomberg
Blackstone's Schwarzman Doesn't Foresee a US Default
Blackstone Inc. Chief Executive Officer Steve Schwarzman says, "I don't foresee a situation where there would be a default," as he discusses US debt ceiling negotiations during a conversation with Francine Lacqua at the Qatar Economic...
Bloomberg
Markets Are Occupied With When Fed Will Cut: Holtze-Jen
"Markets are occupied with finding out when Fed will cut." Stefanie Holtze-Jen, APAC chief investment officer at Deutsche Bank International Private Bank, discusses the impact of Federal Reserve policy on markets, inflation and her...
Bloomberg
McCarthy: Had Productive Talk With Biden But No Deal Yet
House Speaker Kevin McCarthy he had a "productive" talk with President Joe Biden on the debt limit but have not yet reached a deal to avert a default. He spoke to reporters as he emerged from the meeting. (Excerpts)
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Don't Confuse Fed Pause With End of Tightening Cycle: Wang
"Don't confuse a pause with the end of the tightening cycle, because Fed has more work to do." Qian Wang, chief Asia Pacific economist at Vanguard Group, discusses the impact of Federal Reserve policy on Asian central banks. She speaks...
Bloomberg
Biden: I Still Believe We'll Be Able to Avoid a Default
"I still believe we'll be able to avoid a default and we'll get something decent done," President Joe Biden said as he spoke to reporters in Hiroshima, Japan, where he is attending the Group of Seven summit. (Excerpt)
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Markets Pricing Normalization, Not Recession: TD's Misra
Priya Misra, head of global rates strategy at TD Securities, sees 3-Year and 5-Year US Treasury rates as the "sweet spot" for investors as her firm expects the Federal Reserve to cut interest rates more than expected next year. She...
Bloomberg
Fed Officials Add 'Skip' to Rate Debate
Federal Reserve officials seem more divided than ever over continuing rate hikes or pausing. Another possibility that's being discusses is a skip. Kathleen Hays reports on Bloomberg Television.
Bloomberg
McCarthy Says House Will Pass Debt Bill This Week
US House Speaker Kevin McCarthy says that the House will pass his $1.5 trillion debt ceiling increase plan this week. However, he didn't clarify when asked if he has already secured the 218 Republican votes he needs. Tony Czuczka reports...
Bloomberg
Asian Banks in General Look Interesting: Credit Suisse
Dan Fineman, co-head of Asia Pacific strategy at Credit Suisse, discusses the outlook for the US economy, Federal Reserve policy and the implications for financial markets. He also talks about the opportunities he sees in emerging and...
Bloomberg
U.S. Initial Jobless Claims Decrease to 192,000
U.S. Initial unemployment claims in regular state programs slid to 192,000 in the largest weekly decline since July, while housing starts surprised to the upside for February. Michael McKee has the details on Bloomberg...
Bloomberg
25 Bps Hike by Fed Next Week 'Right Way to Go,' Manulife IM Says
Sue Trinh, co-head of global macro strategy at Manulife Investment Management, discusses the collapse of Silicon Valley Bank, Federal Reserve policy, the US dollar and the implications for financial markets. She also talks about China's...
Bloomberg
Seeds Have Been Sown for a US Credit Crunch: Poole
Isaac Poole, global chief investment officer and portfolio manager at Oreana Financial Services, discusses the upcoming FOMC meeting and how he's positioning ahead of the rate decision. He speaks on Bloomberg Television.
Bloomberg
US Tech Enters Bull Market
US tech has pushed into a bull market. Garfield Reynolds discusses the market on Bloomberg Television.
Bloomberg
Gundlach Warns Recession to Start in Few Months, Fed to Cut Rates
Doubleline Capital's Jeffrey Gundlach expects a US recession will start in a few months, and that the Federal Reserve will need to respond "very dramatically." He made the comments in an interview on CNBC on Monday. Valerie Tytel reports...
Bloomberg
Credit Spreads Could Widen Out From Here: UBP's Nip
Anitza Nip, head of fixed income research Asia at Union Bancaire Privee, discusses bond market volatility, the risk of a recession in the US and where she's finding opportunity. She speaks on Bloomberg Television.