Global Bond Selloff Deepens; US, China Extend Trade Truce; Trump-Xi Summit

US equity futures fall and a global bond rout intensifies, pushing 30-year Treasury yield to the highest level since 2004. Oil rises as Iranian officials reportedly said the war with the US could expand. The US and China agree to extend their trade truce by two months ahead of Presidents Trump and Xi's state summit. Marko Papic of BCA Research joins "Bloomberg Brief" to discuss the outlook for the latest bond selloff. Leland Miller of China Beige Book looks ahead to the Trump-Xi summit. Chapters: 00:00:00 - Bloomberg Brief Begins 00:00:57 - Global Markets Check: Global Bond Selloff Hits Asian Markets 00:02:10 - European Markets & Central Bank Decisions 00:03:01 - US Futures Fall as Yields and Energy Rise 00:03:54 - First Look Movers: MGM, EverPure & Swarm Aero 00:05:09 - Trump-Xi Summit & US-China Trade Truce 00:07:42 - Iran Warns Conflict Could Expand 00:09:42 - BCA Research Chief Investment Strategist Marko Papic on Global Bond Rout & Rising Treasury Yields, US-China Talks and Risk Assets 00:15:54 - Trending on the Terminal 00:17:23 - Meta Unveils New VR Glasses & Muse Charm, Australian Government AI Security Incident 00:21:06 - Front Page News 00:21:37 - Markets Update 00:22:47 - First Look Movers 00:24:01 - China Beige Book CEO Leland Miller on US-China Trade Truce & Trump-Xi Meeting, China Currency Policy & Trade Imbalances 00:31:24 - Trending on the Terminal 00:32:57 - US Diesel Export Ban Debate, Midterms & Senate Priorities 00:37:07 - Meta's New AI Hardware, OpenAI Model Hacks Australian Government Website, AI Safety Debate & Industry Risks 00:42:36 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts