bondyields

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) An Israeli airstrike on Iran's embassy compound in Syria killed a number of people including a top military commander, Iranian and Syrian state media said, stoking tensions between the longtime adversaries.

(2) Bond traders priced in less monetary-policy easing by the Federal Reserve this year — and briefly set the odds of a first move in June below 50% — after a gauge of US manufacturing activity showed expansion for the first time since 2022.

(3) Bloomberg Economics ran a million forecast simulations on the US debt outlook. 88% of them show borrowing on an unsustainable path.

(4) Inflation in UK stores dropped to its lowest level in more than two years as supermarkets compete to lure shoppers with low prices.

(5) Donald Trump's net worth tumbled by $1 billion along with the shares of his social media business after it disclosed a more than $58 million loss in 2023, as revenue for the former president's Truth Social platform trickled in.  

See omnystudio.com/listener for privacy information.

America may have avoided a government shutdown last month but its fiscal worries are far from over. And unease in bond markets will spill over into the rest of the world. What can governments do to stave off the financial blow? The Chinese Communist Party’s youth wing is using rap to lure new members, and it’s working (10:10). And, how has “Bluey” become such a hit (19:16)?  

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) Morgan Stanley tells Bill Dudley he's wrong about the bond market as the yield curve inverts further.

(2) The BoE's new policy maker says rates may need to remain permanently elevated.

(3) Instagram gets set to launch its Twitter rival Threads app later this week.

(4) The CEO of Watchfinder tells us even the experts now struggle to spot some counterfeit timepieces.  

See omnystudio.com/listener for privacy information.

After Fox Corp. agreed to a jaw-dropping $787 million payout to settle a defamation case brought by Dominion Voting Systems, one listener thought to ask: Can insurance cover that? We’ll get into it and answer more of your questions about how the re-start of student loan payments might affect the economy and the complicated bond market. Plus, what’s up with all the matte, earth tone car colors?

Here’s everything we talked about today:

• • “How does one pay a $787 million settlement?” from Marketplace

• • “Fox’s settlement with Dominion unlikely to cost it $787.5M” from AP News

• • “Biden’s Education Department is planning for student-loan borrowers to resume payments in October — and companies would begin charging interest a month before” from Business Insider

• • “What will the end of the pause on student loan payments mean for retailers?” from Marketplace

• • “Will student loan forgiveness make inflation worse?” from Vox

• • “Biden White House Keeps Student Loan Payments at Bay Amid Inflation” from The New York Times

• • “What’s happening to the color of L.A. cars? Inside the obsession with muted earth tones” from The LA Times

• • “Why Do Bond Prices and Yields Move in Opposite Directions?” from The Balance Money

Got a question for our hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.