Global Bond Slump Raises Fed Questions | Bloomberg Businessweek Daily 8/18/2026

Long-term debt costs are soaring as the bond market slumps. Bloomberg's Chief US Interest Rate Strategist Ira Jersey and Corporate Finance Reporter Davide Barbuscia explain why this jump is happening and what it signals to the Fed. Then, Empower Chief Investment Strategist Marta Norton on this week's global bond slump and how it's changing investor positioning. Plus, China Beige Book COO Shehzad Qazi previews next month's meeting between China's Xi Jinping and President Trump, and the future of trade between the two countries. Finally, Root CEO Alex Timm discusses how his company uses AI to help determine behavior-based car insurance. Chapters 00:00:00 Bloomberg Businessweek Daily 00:02:06 Market Update: Chipmakers Slide, Bond Yields Rise 00:04:40 Why Rates Are Rising Around the World 00:06:24 AI Debt Boom Competes With Treasuries 00:07:30 Corporate Bond Issuance & the AI Financing Wave 00:08:36 Fed Uncertainty Adds to Bond Market Pressure 00:09:54 Are the Bond Vigilantes Returning? 00:13:27 Retirement Investing in a Higher-Rate World 00:15:18 Gold, Bitcoin & Alternatives to Bonds 00:15:54 AI Risk & Portfolio Diversification 00:17:33 What Matters Most for Retirement Investors? 00:20:51 Trump-Xi Summit & China's Economic Outlook 00:22:20 U.S.-China Managed Trade Explained 00:23:16 America's Dependence on Chinese Supply Chains 00:24:39 China, South Korea & U.S. Military Strategy 00:29:30 How Investors Should Think About China 00:31:23 What Could Break the U.S.-China Truce? 00:32:38 Market Update: Meta, Housing & Oil 00:36:21 How Autonomous Vehicles Change Auto Insurance 00:38:14 Are Self-Driving Cars Actually Safer? 00:41:22 Root's Biggest Growth Opportunities 00:44:56 Home Depot & the U.S. Consumer -------- 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