A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That in turn affects the cost of mortgages, credit card debt, car loans and other borrowing, squeezing households and companies and weakening economic activity. Bloomberg's Head of Economics and Government Stephanie Flanders joins Caroline Hepker to discuss what's behind the rise, how it changes the global economy and if some countries are at risk a bond doom loop.

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For years, the world’s biggest alcohol companies were raising a glass to steady growth. But now, consumers are pulling back. What does this mean for the industry and are habits changing forever? Bloomberg's Global Business Reporter Jennifer Creery joins Caroline Hepker to discuss.

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The Iran war is causing unprecedented disruption to global energy supplies, but continuing enthusiasm for artificial intelligence has helped to propel stock markets to repeated record highs. Are investors ignoring the risks from the conflict in the Middle East, or are tech stocks insulated from them? Bloomberg Tech Europe Anchor Tom Mackenzie joins Stephen Carroll to discuss.

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The US and China's relationship has been characterized for years by rivalry and deep economic ties. They compete on trade, on technology, and for global influence, and still they need each other. Now the war in Iran is pulling Beijing and Washington into a new standoff. As Donald Trump prepares to meet Xi Jinping, the question is whether the world’s two largest economies can steady the relationship, or see tensions deepen further. Our co-head for Asia John Liu joins Caroline Hepker to discuss.

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Currency swap lines have long been a key tool for moving dollars around the global financial system in times of stress. Now US officials are considering expanding their use beyond crises, as more countries in regions like the Gulf and Asia seek access. Our Senior Editor Alister Bull joins Caroline Hepker to discuss.

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Hundreds of ships have been trapped in the Persian Gulf by the Iran war, with transit through the Strait of Hormuz reduced to a trickle. Even when the war ends, recovering from the disruption will take some time. Our oil and shipping reporter Weilun Soon joins Stephen Carroll to discuss.

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A new AI model from Anthropic has sparked cyber security fears from Washington to Wall Street. The company has limited the release of Mythos because of concerns that in the wrong hands, it could provide hackers with new tools. Is this a new phase of AI development? Bloomberg Opinion columnist Parmy Olson joins Stephen Carroll to discuss.

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Investors tried to pull around $13 billion out of private credit funds in the first three months of 2026, forcing many big firms to enforce limits on withdrawals. Private credit firms have spent years courting retail investors, as the industry has grown into a $1.8 trillion market. So what's changed? Our Managing Editor for private companies' coverage Neil Callanan joins Stephen Carroll to discuss.

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