Hi, I'm Lisa Matteo, introducing you to the new Stock Movers Report from Bloomberg.
These are short audio reports five minutes or less delivered right to your podcast feed throughout the day.
Stock Movers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's driving those gains and losses.
If you want to stay plugged into the stock market but don't want to spend all day watching tickers scroll across your screen,
then Stock Movers is a place for you to get informed.
Listen a couple times throughout the day to find out what's moving equities.
and why.
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A global sell-off in long-dated bonds,
including 30-year gilts and US Treasuries and Japanese government bonds, has deepened.
UK 30-year bond yield rose to the highest since 1998.
It's out of control, putting extra pressure on the PM.
Japanese bonds are joining the global bond slide.
Yields on long-dated bonds across the world continue to edge up.
Developed economies around the world are dealing with concerns about inflation and demographics,
domestic politics, and geopolitics.
Bloomberg Economics' Jamie Rush says what we're seeing this week is part of a larger trend.
Some investors are losing confidence in their leaders over the long term,