Wall Street Stock Traders Refuse to Break in Week of Treasury Turmoil Wall Street stock traders have absorbed every blow this week, from ever-surging Treasury yields, relentless Federal Reserve hawkishness, dramas in commodities, and more. For all that, it’s a wonder just how well the equity-investing landscape is holding up. #press https://www.bloomberg.com/news/articles/2023-10-06/wall-street-traders-refuse-to-break-in-week-of-treasury-turmoil?utm_source=press.coop

Bonds Backed by Subprime Auto Loans Shrug Off Soaring Delinquencies Spreads on the lowest rated bonds backed by subprime auto loans have fallen to the lowest in a year, part of a broader tightening of risk assets that until recently had pulled the corporate bond market tighter as well. #press https://www.bloomberg.com/news/articles/2023-10-06/low-rated-subprime-auto-abs-tightest-in-year-structured-weekly?utm_source=press.coop

Treasuries Tumble With US Payroll Growth Blowing Past Estimates #press https://www.bloomberg.com/news/articles/2023-10-06/treasuries-tumble-as-us-payroll-growth-blows-past-estimates?utm_source=press.coop

Global Food Prices Steady at Two-Year Low on Cheaper Oilseeds Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and some grains countered sugar shortages. #press https://www.bloomberg.com/news/articles/2023-10-06/global-food-prices-steady-at-two-year-low-on-cheaper-oilseeds?utm_source=press.coop

Out-of-Favor Gold Looks Attractive as Risks Mount, Nikko AM Says Gold’s recent tumble has made it more attractive in an environment in which elevated interest rates boost the odds of unexpected market ructions, according to Nikko Asset Management. #press https://www.bloomberg.com/news/articles/2023-10-06/out-of-favor-gold-looks-attractive-as-risks-mount-nikko-am-says?utm_source=press.coop

Argentina Peso Tumbles With Dollarization Rush Amping Up Before Vote Argentina’s peso is tumbling as Argentines rush to exchange pesos for dollars ahead of presidential elections later this month, posting its worst losses since an August selloff. #press https://www.bloomberg.com/news/articles/2023-10-05/argentina-peso-tumbles-as-dollarization-rush-amps-up-before-vote?utm_source=press.coop

Bloomberg Brief 10/05/2023 “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Marija Veitmane, State Street Senior Multi-Asset Strategist discusses the bond market and the higher-for-longer environment. Fmr. UBS Global Wealth Management co-President Tom... #press https://www.bloomberg.com/news/videos/2023-10-05/bloomberg-brief-10-05-2023?utm_source=press.coop

ECB’s Kazimir “Strongly Believes’’ Interest Rates Hikes Are Over  European Central Bank Governing Council member Peter Kazimir reiterated that he hopes interest-rate increases have finished following September’s 10th straight move. #press https://www.bloomberg.com/news/articles/2023-10-05/ecb-s-kazimir-reiterates-hope-that-rates-hikes-have-finished?utm_source=press.coop

Golden Week Data Encouraging for China’s Economy: Zhi “We are seeing more encouraging signs emerging for the Chinese economy.” Xiaojia Zhi, chief China economist at Credit Agricole, discusses China’s Golden Week Holiday, the travel and tourism data for the first 3-5 days of the holiday and its impact on the economy. She speaks on Bloomberg Television.... #press https://www.bloomberg.com/news/videos/2023-10-05/golden-week-data-encouraging-for-china-s-economy-zhi-video?utm_source=press.coop

Bloomberg Markets: The Close 10/04/2023 Romaine Bostick, Katie Greifeld & Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackle the Sam Bankman-Fried trail, outlook for retail restricting and who might take over for Kevin McCarthy. Guests Today: Bill Gross of PIMCO, Brad... #press https://www.bloomberg.com/news/videos/2023-10-05/bloomberg-markets-the-close-10-04-2023?utm_source=press.coop

Alphabet Bulls Undeterred By Biggest Antitrust Case in Decades Alphabet Inc. is embroiled in one of the most serious antitrust cases to threaten Big Tech in decades. In the stock market, where other megacaps have started to buckle, traders seem unconcerned. #press https://www.bloomberg.com/news/articles/2023-10-04/alphabet-shrugs-off-antitrust-risk-to-outshine-apple-tech-watch?utm_source=press.coop

KKR Sees ‘Tougher Longer’ Private Equity Environment Philipp Freise, co-head of European private equity at KKR, says the current environment is a “normalization” for private equity as he sees ‘a bit of thawing” in the leveraged loan market and expects fewer IPOs moving forward. He speaks on “Bloomberg Brief.” (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-04/kkr-sees-tougher-longer-private-equity-environment-video?utm_source=press.coop

Saudis to Stick With 1 Million-Barrel Oil Supply Cut For Now Saudi Arabia reaffirmed plans to curb oil production by 1 million barrels a day until the end of the year. #press https://www.bloomberg.com/news/articles/2023-10-04/saudis-to-stick-with-1-million-barrel-oil-supply-cut-to-year-end?utm_source=press.coop

India State Lenders’ Gauge Hits Record A gauge of stocks of state-owned Indian banks has rallied to a new all-time high and surpassed a previous peak of 13 years ago. Ashutosh Joshi reports on Bloomberg Television. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-04/india-state-lenders-gauge-hits-record-video?utm_source=press.coop

BlackRock’s Powell: Seeing More Signs Fed Has More to Do “We’re seeing more and more signs that the Federal Reserve might have more to do.” Ben Powell, chief APAC investment strategist at BlackRock Investment Institute, discusses his investment strategy and his outlook for markets. He speaks on Bloomberg Television. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-04/blackrock-s-powell-seeing-more-signs-fed-has-more-to-do-video?utm_source=press.coop

New Zealand Central Bank Keeps Key Rate Steady at 5.50% The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expected no change from the central bank. Yvonne Man and David Ingles report on Bloomberg Television. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-04/new-zealand-central-bank-keeps-key-rate-steady-at-5-50-video?utm_source=press.coop

Traders Gain 1000% in a Day on Timely Point Biopharma Option Bet A well-timed options trade in Point Biopharma Global Inc. stands to hand some investors upwards of $500,000 after Eli Lilly & Co.’s agreement to acquire the company sent its stock surging. #press https://www.bloomberg.com/news/articles/2023-10-03/point-biopharma-pnt-options-buyers-gain-1000-in-a-day-after-eli-lilly-deal?utm_source=press.coop

IMF Warns Fragmentation Imperils Food Security, Green Transition #press https://www.bloomberg.com/news/articles/2023-10-03/imf-warns-fragmentation-imperils-food-security-green-transition?utm_source=press.coop

Sam Bankman-Fried's Future Is on the Line The fraud trial of former FTX CEO Sam Bankman-Fried starts today in New York. He's charged with bilking investors and customers out of billions of dollars. Jury selection starts today at federal court in Manhattan. Bloomberg's Kailey Leinz is there with the latest. (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-03/sam-bankman-fried-s-future-is-on-the-line-video?utm_source=press.coop

Ice Rink’s Muni Default Risks Pushing a Missouri City Into Junk Territory A small city in Missouri could see its credit rating cut to junk by S&P Global Ratings because of the financial woes plaguing a local ice rink backed by municipal debt. #press https://www.bloomberg.com/news/articles/2023-10-03/ice-rink-s-muni-default-risks-pushing-city-into-junk-territory?utm_source=press.coop