Podcast: Are robots ruining the Treasury market?

Plus more great articles from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. Subscribe to Bloomberg.com for unlimited access to all our coverage. US bonds are the biggest, baddest, most beloved financial asset on the planet. But for the past few months, they’ve been flashing red and scaring pretty much everybody. What’s going on? This week on Everybody’s Business from Bloomberg Businessweek, hosts Stacey Vanek Smith and Max Chafkin take a deep dive into the world of bonds with the expert guidance of David Papadopoulos, an executive editor at Bloomberg News. US bonds were thriving for a long time in spite of mounting debt, trade wars, debt-ceiling battles, political divisions and the like because they still looked like the best investment. But now there’s a new investment in town: robots. Alphabet, Amazon.com, Apple, Nvidia and other giant tech companies are borrowing billions of dollars to build data centers and other infrastructure for the AI revolution. To do this, they’re issuing hundreds of billions of dollars worth of bonds. Corporate bonds have always existed, but they never came close to matching the size, scope and perceived safety of a US government bond. But these days, several tech companies have country-size revenue and are decidedly global in their reach. And that’s changed the game. Next up on the podcast, Businessweek senior contributing writer Evan Ratliff joins to talk about his recent article on AI crime and how the legal system is grappling with who to blame when robots go rogue. As it turns out, jurists in 14th century France had something in common. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business Crime Is Just One Prompt Away More Weekend Reads Crypto fans say stablecoins are good for the dollar, but the truth is more complicated. Fusion technology has attracted $14 billion in the race for commercial power. Trump’s executive order on deep-sea mining may have sparked “the next gold rush,” but technological challenges and legal questions loom. AI lawyers and witnesses are wreaking havoc on the US legal system. A Bloomberg reporter remembers the Sept. 11 attacks, the connections they forged and the unity we’ve lost. Why elite public high schools are facing scrutiny from Trump’s Department of Justice. Record diesel prices are hurting Trump among one of his key constituencies: truckers. Foldable iPhones put Apple’s best-not-first strategy to the test. Video: Apple’s Foldable iPhone Duo Shows the Upside of Waiting Test Your Knowledge Apple announced a foldable iPhone. What is the new model called? Think you know the answer? Pointed|Bloomberg Games Play We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |