Liz McCormick, a Bloomberg News reporter with expertise in the bond market, discusses the troubling rise of government bond yields. She explains how climbing treasury yields affect everything from mortgage rates to auto loans, impacting everyday borrowers. The conversation highlights the interplay between these yields and inflation expectations, revealing the challenges for potential homebuyers. Liz also touches on broader fiscal challenges faced by advanced economies due to soaring global sovereign debt, which exceeds $54 trillion.

Liz McCormick, Bloomberg News' Chief Correspondent for Global Macro Markets, shares insights on the recent treasury rally and evolving market dynamics. Mandeep Singh discusses the impressive rise in Uber's stock value linked to its strong earnings and competitive landscape. Aoifinn Devitt sheds light on the complexities and risks of the Japanese yen carry trade. Arnim Holzer emphasizes the implications of Federal Reserve policy shifts, highlighting recession concerns and strategies for navigating today's volatile market.

Bloomberg Intelligence Senior Policy Analyst discusses potential impacts of a Harris presidency on sectors like banks and EVs. Investors react to Biden exiting the race. The Nuclear Company plans to build nuclear power plants in the US. Market responses to political news and financial strategies discussed.

Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick and Bloomberg News International Economics & Policy Correspondent Michael McKee discuss the anticipation of the April consumer-price index release impacting bond traders. Steve Brown from American Century Investments talks about investing in REITs, while Ian King explains the semiconductor competition between the US and China. Drive to the Close with Ben Beneche from Tourbillon

Bloomberg reporter Liz McCormick and Phillip Swagel, director of the Congressional Budget Office, discuss America's increasing national debt reaching $34 trillion, surpassing defense spending. They explore the acceptability of the debt, its impact on the economy due to tax cuts and COVID-19, rising interest rates, lack of political will, and the influence of bond markets on the crisis.