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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

After a turbulent stretch for the US bond market, traders are heading into the weekend with questions about what Treasury Secretary Scott Bessent’s next move will be. Treasuries slipped Friday, led by the short end, after data showed business activity grew at its fastest pace in more than four years, backing the case for interest-rate hikes. Bloomberg Intelligence's Ira Jersey and Alpine Saxon Woods' Sarah Hunt break down the weeks' moves, and the impact of Bessent's intervention.

On today's episode:

Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist & Sarah Hunt Alpine Saxon Woods Chief Market Strategist
Ava Benny-Morrison, Bloomberg News Senior Legal Reporter
Ilena Peng, Bloomberg News Agriculture Report & Vance Howard, Howard Capital Management CEO & Portfolio Manager
Lisa Jarvis, Bloomberg Opinion Columnist

See omnystudio.com/listener for privacy information.

Week of Whiplash in Treasuries Is Closing With Muddied Outlook

Bloomberg Businessweek

Week of Whiplash in Treasuries Is Closing With Muddied Outlook