Bessent's Gains Wiped Out, Gilts Lead Global Selloff, Putting AI in Your Mouth

Bessent's Gains Wiped Out, Gilts Lead Global Selloff, Putting AI in Your Mouth

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The yield on 30-year US government bonds climbed back to levels seen just before Treasury Secretary Scott Bessent expanded a buyback program in an effort to contain long-term borrowing costs.

(2) UK Prime Minister Andy Burnham was confronted by the harsh reality of Britain’s weak public finances on his return to parliament on Tuesday as the global selloff in government bonds left him facing a £12 billion problem

(3) The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated.

(4) Treasury Secretary Scott Bessent said China prevented the Group of 20 from issuing a joint communique after a gathering of finance and central bank chiefs this week due to a dispute over its giant trade surplus.

(5) Nvidia is in advanced talks to acquire artificial intelligence startup Hugging Face in a transaction that may total about $14 billion, according to people familiar with the matter.

Podcast Conversation: Dyson Debuts $499 AI-Powered Toothbrush With a Built-In Camera

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Episoder(1241)

Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week

Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week

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US Gulf Force Surge, Emergency EU Diesel Talks, Plunging Bank Stocks

US Gulf Force Surge, Emergency EU Diesel Talks, Plunging Bank Stocks

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, accor...

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Global Bonds Shock: Special Episode

Global Bonds Shock: Special Episode

In this special episode of the Bloomberg Daybreak Europe podcast, we break down the fresh selloff sweeping global bond markets. UK 30-year gilt yields have hit 6% for the first time since 1998, while ...

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‘Hero’ Pilot Saves Plane, French Budget Peril, $30,000 Sheepdogs

‘Hero’ Pilot Saves Plane, French Budget Peril, $30,000 Sheepdogs

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane ...

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Burnham Gets Radical, Oil Flows Recover, Man City’s $1.2B ‘Sham’ 

Burnham Gets Radical, Oil Flows Recover, Man City’s $1.2B ‘Sham’ 

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Andy Burnham set out a radical vision to change the country in a keynote speech to the Labour Party's annual confe...

30 Sep 21min

'Bondpocalypse' Tests Growth, $6 Trillion AI Question, Europe Gas Storage Pain

'Bondpocalypse' Tests Growth, $6 Trillion AI Question, Europe Gas Storage Pain

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal ...

29 Sep 21min

UK-US Base Plot Foiled, Europe Financial Stress, AI 'Kill Switch' Problem

UK-US Base Plot Foiled, Europe Financial Stress, AI 'Kill Switch' Problem

Your morning briefing. All the news you need to start your day.On today's podcast:(1) UK police were investigating a potential terrorism incident after five men were arrested near an air base used in ...

28 Sep 26min

Daybreak Weekend: US Jobs, Burnham Conference, RBA Decision

Daybreak Weekend: US Jobs, Burnham Conference, RBA Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the September jobs report with a focus on 3 stoc...

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