Bloomberg Surveillance Single Best Idea with Tom Keene: Paul Donovan & Erica Groshen
Aug 5, 2025
Dive into pivotal business trends and how technology is reshaping industries. Explore the bond market's fluctuations, especially the drop in the 10-year real yield, and its implications for economic growth. Discover the traits needed in the next BLS commissioner and the significance of integrity and expertise. Plus, hear about creative promotional strategies aimed at supporting small businesses amidst changing political landscapes.
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Bond Market Reflects Growth Concerns
- The bond market's low 10-year real yield reflects growth concerns about the future.
- Lower real yields marginally improve the sustainability of government financing by easing interest costs relative to tax revenues.
Commit to Fearless Fact Publication
- The next BLS commissioner should commit to fearless publication of facts, free from partisan influence.
- Upholding transparency and technical rigor ensures trust in the bureau's economic data.