About this episode
U.S. 30-year Treasury yields reach levels last seen before the 2008 financial crisis, rattling bond markets across the globe. Oil above $110 and sticky inflation add to the pressure as G7 finance chiefs meet in Paris, and markets await Nvidia earnings for the latest read on the AI spending surge.
Today’s recommended read: Opaque oil deals around Hormuz test the petrodollar, Ron Bousso
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Read more from Amanda Cooper and Anna Szymanski
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Sound engineering and music by Sebastian and Josh Sommer
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