
Iran Officials Pessimistic About US Deal Before Midterms
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The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, dampening hopes of a diplomatic breakthrough to end the war. The decline pushed most Treasury yields higher by nearly 10 basis points by noon in New York, with those on 10-year bonds climbing to a fresh 19-year high. Meantime, Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November.
On today's episode:
Patrick Murphy, former Acting Secretary of the Army & US Congressman
Bob Chapek, former Disney CEO
Rebecca Walser, Founder & CIO at Walser Wealth Management
Ed Ludlow, 'Bloomberg Tech' Host
See omnystudio.com/listener for privacy information.
The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, dampening hopes of a diplomatic breakthrough to end the war. The decline pushed most Treasury yields higher by nearly 10 basis points by noon in New York, with those on 10-year bonds climbing to a fresh 19-year high. Meantime, Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November.
On today's episode:
Patrick Murphy, former Acting Secretary of the Army & US Congressman
Bob Chapek, former Disney CEO
Rebecca Walser, Founder & CIO at Walser Wealth Management
Ed Ludlow, 'Bloomberg Tech' Host
See omnystudio.com/listener for privacy information.
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