From Bloomberg Markets and Finance.

Scott Bessent feeds the rally, as Treasuries gain and US stocks close at another record high. The Treasury Secretary tells Bloomberg interest rates should be up to 175 basis points lower. Donald Trump warns of "very severe consequences" if Russia’s Vladimir Putin doesn’t agree to a ceasefire at tomorrow’s summit. And Bloomberg learns Apple is planning to introduce an ambitious slate of new AI devices… including robots, a lifelike Siri and home-security cameras.

Chapters:
00:00:00 – Daybreak Europe
00:06:26 – Stocks hit a record high as Treasury yields fall on bets of a Fed cut in September
00:09:22 – Trump warns Putin of severe consequences if he doesn’t agree to truce soon
00:15:10 – UK economy expected to have slowed in second quarter
00:19:11 – US Treasury Secretary Scott Bessent urges Fed to lower interest rates by up to 175 bps
00:31:50 – Luxury brand mentions in popular music could indicate industry fortunes
00:39:25 – Jim Bullard, Former St Louis Fed President
——–
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