Bond Traders Await US Inflation Data Behind Half of 2024’s Rout
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick and Bloomberg News International Economics & Policy Correspondent Michael McKee preview the release of the April consumer-price index on Wednesday that is poised to provide the biggest test yet of the rally that started this month when Fed Chair Jay Powell swatted away worries that the central bank may raise interest rates again. Steve Brown, Senior Portfolio Manager at American Century Investments, discusses investing in REITs. Bloomberg News US Semiconductor Reporter Ian King explains how the US and their allies are vying with China for semiconductor supremacy, powered by wave of domestic investment. And we Drive to the Close with Ben Beneche, Co-Founder and Portfolio Manager at Tourbillon. Hosts: Carol Massar and Bailey Lipschultz. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.